We expect GBPUSD to trend upwards later today. Based on these past United States Durable Goods Orders MoM news events there is a 80% chance of this. We expect this to happen if the released value is > -0.3%. A price movement of 104 pips is expected.
Historical events that allowed us to draw this conclusion
25 Feb 13:30 |
23 Dec 13:30 |
25 Nov 13:30 |
26 Aug 12:30 |