
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