GBPUSD may trend downwards right now
We expect GBPUSD to trend downwards for the next 2 hours. Based on these past Euro Area Industrial Production YoY news events there is a 66.67% chance of this. We expect this to happen because the released value is < 10.4%. A price movement of 33 pips is expected.Historical events that allowed us to draw this conclusion12 May 09:0014 Apr…
