DELKOS 75% probability that GBPUSD will trend down on Wednesday 24 Mar at 03:00 PM GMT if the EMU Consumer Confidence Flash number is less than -14.5.

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DELKOS 75% probability that GBPUSD will trend down on Wednesday 24 Mar at 03:00 PM GMT if the EMU Consumer Confidence Flash number is less than -14.5.

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This Wednesday 24 Mar at 03:00 PM GMT the latest EMU Consumer Confidence Flash number will be released.
If the number is less than than economists’ consensus there is a 75% probability that GBPUSD will trend down following the news event.

This probability is based on the last 12 EMU Consumer Confidence Flash events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an down trend of GBPUSD.

Here are images of the past events:

View forecasts

Thursday 21 Jan at 03:00 PM GMT:

Thursday 22 Oct at 02:00 PM GMT:

Wednesday 22 Apr at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

March 24, 2021
By:Delkos Research
Category:en_GB
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DELKOS 75% probability that GBPUSD will trend down on Wednesday 24 Mar at 03:00 PM GMT if the EMU Consumer Confidence Flash number is less than -14.5.

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