Trade with an edge around todays United States Retail Sales MoM news event

Based on past United States Retail Sales MoM news events there is a 75% chance of GBPUSD trending downwards. We expect this to happen because the released value is > -0.4%. A price movement of 34 pips is expected.

Historical events that allowed us to draw this conclusion

15 Apr 12:30
17 Feb 13:30
16 Oct 12:30

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