75% probability that GBPUSD will trend downwards right now

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect GBPUSD to trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This will happen because the released value is = 0.2%

Historical events that allowed us to draw this conclusion

21 Dec 09:30
28 Sep 09:30
29 Mar 09:30
22 Dec 09:30
29 Sep 09:30
30 Jun 09:30

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

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