Based on the last 12 Retail Sales MoM events in United States, we expect a 41 pip movement on GBPUSD for the next 2 hours. We expect GBPUSD to trend downwards for 2 hours because the released value is < -12% Historical events that allowed us to draw this conclusion
17 Mar 12:30 |
13 Dec 13:30 |
14 Jun 12:30 |
15 May 12:30 |