80% probability that GBPUSD may trend downwards
Based on the last 12 Ivey PMI s.a events in Canada, we expect GBPUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 53.3
Historical events that allowed us to draw this conclusion
|07 Sep 00:00
||08 Aug 00:00
|08 May 00:00
||05 Apr 01:00
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).