Based on the last 12 Michigan Consumer Sentiment Prel events in United States, GBPUSD could trend downwards later today. Based on these past events there is a 66.67% chance of this. If the released value is < 64 we could see GBPUSD trend downwards 12 hours following the event release at 13 May 14:00. Historical events that allowed us to draw this conclusion
11 Mar 15:00 |
11 Feb 15:00 |
14 Jan 15:00 |
17 Sep 14:00 |
16 Jul 14:00 |
14 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
