Based on the last 12 Retail Sales MoM events in United States, we expect GBPUSD to trend downwards. Based on these past events there is a 83.33% chance of this. We expect GBPUSD to trend downwards for 2 hours because the released value is < 1%. A price movement of 35 pips is expected. Historical events that allowed us to draw this conclusion
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13 Dec 13:30 |