80% probability that GBPUSD may trend upwards
Based on the last 12 Inflation Rate YoY events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 2.4%
Historical events that allowed us to draw this conclusion
|12 Dec 00:30
||14 Nov 00:30
|13 Aug 22:30
||10 Apr 22:30
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).