
The latest US Retail Sales MoM number has been released as -8.7%.
There is a 80% 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 4 of the last 5 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:
Tuesday 17 Mar at 12:30 PM GMT:
Friday 13 Dec at 01:30 PM GMT:
Friday 14 Jun at 12:30 PM GMT:
Wednesday 15 May at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance