DELKOS BREAKING NEWS: 71.42% probability that GBPUSD will trend down for the next few hours.

The latest US Retail Sales MoM number has been released as -1.1%.
There is a 71.42% probability that GBPUSD will trend down for the next few hours.

This probability is based on the last 12 US Retail Sales MoM events, in which 5 of the last 7 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:

Wednesday 16 Sep at 12:30 PM GMT:

Friday 14 Aug at 12:30 PM GMT:

Friday 15 May at 12:30 PM GMT:

Tuesday 17 Mar at 12:30 PM GMT:

Friday 13 Dec at 01:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance