DELKOS 80% probability that GBPUSD will trend down on Monday 14 Jun at 09:00 AM GMT if the EMU Industrial Production YoY number is greater than 37.4%.

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This Monday 14 Jun at 09:00 AM GMT the latest EMU Industrial Production YoY number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that GBPUSD will trend down following the news event.

This probability is based on the last 12 EMU Industrial Production YoY events, in which 4 of the last 5 events where the actual number was greater than than the economist consensus resulted in an down trend of GBPUSD.

Here are images of the past events:

Friday 12 Mar at 10:00 AM GMT:

Wednesday 13 Jan at 10:00 AM GMT:

Monday 14 Dec at 10:00 AM GMT:

Friday 12 Jun at 09:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance