Past performance is not an indicator of future results.
Based on the last 12 Ivey PMI s.a events in Canada, we expect a $230 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend downwards for the next 12 hours because the released value is > 51.1
Historical events that allowed us to draw this conclusion
07 Jan 15:00 |
07 Nov 15:00 |
07 Sep 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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