United States Durable Goods Orders ex Tansp MoM News Event – a $260 opportunity on GBPUSD

Past performance is not an indicator of future results.
We expect a $260 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the Durable Goods Orders ex Tansp MoM events in United States release because the released value is < 0.3%. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

21 Dec 13:30
25 Oct 13:30
27 Sep 13:30
26 Jul 13:30
27 Jun 13:30
26 Apr 13:30
27 Feb 13:30

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

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