Trade with an edge around todays Canada Ivey PMI s.a news event

Past performance is not an indicator of future results.
Based on past Canada Ivey PMI s.a news events there is a 71.43% chance of GBPUSD trending downwards. We expect this to happen because the released value is < 55.1. A price movement of 57 pips is expected.

Historical events that allowed us to draw this conclusion

06 Feb 15:00
06 Dec 15:00
07 Aug 15:00
06 Jul 15:00
06 Jun 15:00

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

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