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This Tuesday 27 Jul at 12:30 PM GMT the latest US Durable Goods Orders MoM number will be released.
If the number is greater than than economists’ consensus there is a 83.33% probability that GBPUSD will trend up following the news event.
This probability is based on the last 12 US Durable Goods Orders MoM events, in which 5 of the last 6 events where the actual number was greater than than the economist consensus resulted in an up trend of GBPUSD.
Here are images of the past events:
Thursday 25 Feb at 01:30 PM GMT:
Wednesday 23 Dec at 01:30 PM GMT:
Wednesday 25 Nov at 01:30 PM GMT:
Wednesday 26 Aug at 12:30 PM GMT:
Monday 27 Jul at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance