Based on the last 12 Retail Sales MoM events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 1.8%

Historical events that allowed us to draw this conclusion

17 Nov 00:30	15 Jul 22:30
17 Feb 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).