66.67% probability that GBPUSD will trend upwards right now

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect GBPUSD to trend upwards for the next 48 hours. Based on these past events there is a 66.67% chance of this. This will happen because the released value is < 0.4%

Historical events that allowed us to draw this conclusion

02 Mar 13:30
30 Nov 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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