United States Retail Sales MoM News Event – a possible $410 movement on GBPUSD

Based on the last 12 Retail Sales MoM events in United States, we expect a $410 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards for 2 hours because the released value is < 0.5% Historical events that allowed us to draw this conclusion

16 Sep 12:30
14 Aug 12:30
15 May 12:30
17 Mar 12:30
13 Dec 13:30