TradersNews 80% probability that GBPUSD will trend down on Wednesday 12 Feb at 10:00 AM GMT if the EMU Industrial Production YoY number is less than -2.3%.

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TradersNews 80% probability that GBPUSD will trend down on Wednesday 12 Feb at 10:00 AM GMT if the EMU Industrial Production YoY number is less than -2.3%.

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This Wednesday 12 Feb at 10:00 AM GMT the latest EMU Industrial Production YoY number will be released.
If the number is less than than economists’ consensus there is a 80% probability that GBPUSD will trend down following the news event.

This probability is based on the last 12 EMU Industrial Production YoY events, in which 2 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:

View forecasts

Monday 14 Oct at 09:00 AM GMT:

Thursday 12 Sep at 09:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance

February 12, 2020
By:Delkos Research
Category:Tradersnews_en_GB
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TradersNews 80% probability that GBPUSD will trend down on Wednesday 12 Feb at 10:00 AM GMT if the EMU Industrial Production YoY number is less than -2.3%.

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