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This Friday 11 Jun at 02:00 PM GMT the latest US Michigan Consumer Sentiment Prel number will be released.
If the number is less than than economists’ consensus there is a 83.33% probability that GBPUSD will trend up following the news event.
This probability is based on the last 12 US Michigan Consumer Sentiment Prel events, in which 5 of the last 6 events where the actual number was less than than the economist consensus resulted in an up trend of GBPUSD.
Here are images of the past events:
Friday 16 Apr at 02:00 PM GMT:
Friday 12 Feb at 03:00 PM GMT:
Friday 15 Jan at 03:00 PM GMT:
Friday 13 Nov at 03:00 PM GMT:
Friday 17 Jul at 02:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance