Based on the last 12 Ivey PMI s.a events in Canada, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 05 Feb 15:00 if the released value is < 47. A price movement of 58 pips is expected. Historical events that allowed us to draw this conclusion
07 Dec 15:00 |
07 Oct 14:00 |
04 Sep 14:00 |
07 May 14:00 |