GBPUSD may trend downwards from 17 Dec 00:30
We expect GBPUSD to trend downwards later today. Based on these past United States Retail Sales MoM news events there is a 71.43% chance of this. We expect this to happen if the released value is < -0.3%. A price movement of 58 pips is expected.Historical events that allowed us to draw this conclusion18 Nov 00:3014 Aug 22:3015 May 22:3017…