Based on the last 12 Durable Goods Orders MoM events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is < -2.5%
Historical events that allowed us to draw this conclusion
26 Jul 13:30 |
25 May 13:30 |
27 Feb 13:30 |
22 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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