Based on the last 12 Retail Sales MoM events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 17 Feb 13:30 if the released value is > 1.1%. A price movement of 33 pips is expected.

Historical events that allowed us to draw this conclusion

16 Oct 12:30

16 Jun 12:30