GBPUSD will trend downwards right now

La performance passata non è un indicatore delle performance future.
We expect GBPUSD to trend downwards for the next 4 ore. Based on these past Japan Balance of Trade news events there is a 66.67% chance of this. We expect this to happen because the released value is > ¥310.2B. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

18 Oct 00:50
19 Sep 00:50
21 Maggio 00:50
18 Mar 23:50

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

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