Based on the last 12 Durable Goods Orders MoM events in United States, we could see a $670 movement on GBPUSD within the next 48 hours. GBPUSD could trend upwards for the next 48 hours because the released value is > -1%
Historical events that allowed us to draw this conclusion
26 Sep 12:30 |
26 Aug 12:30 |
27 Jun 12:30 |
24 May 12:30 |
24 Apr 12:30 |
22 Dec 13:30 |
26 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
