This Wednesday 19 Sep at 08:30 AM GMT the latest GB PPI Input YoY number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that GBPUSD will trend down following the news event.
This probability is based on the last 12 GB PPI Input YoY events, in which 6 of the last 8 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:
Wednesday 15 Aug at 08:30 AM GMT:
Wednesday 18 Jul at 08:30 AM GMT:
Wednesday 18 Apr at 08:30 AM GMT:
Tuesday 13 Feb at 09:30 AM GMT:
Tuesday 12 Dec at 09:30 AM GMT:
Tuesday 17 Oct at 08:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance