Want to know why GBPUSD is going downwards for the next 12 hours?

Past performance is not an indicator of future results.
Based on the last 12 Durable Goods Orders MoM events in United States, we expect a $630 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend downwards for the next 12 hours because the released value is > -0.5%

Historical events that allowed us to draw this conclusion

25 Oct 13:30

27 Sep 13:30

27 Jun 13:30

26 Apr 13:30

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

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