Want to know why GBPUSD is going downwards for the next 48 ore?

La performance passata non è un indicatore delle performance future.
Based on the last 12 Ivey PMI s.a events in Canada, we expect a $420 movement on GBPUSD within the next 48 ore. We expect GBPUSD to trend downwards for the next 48 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
04 Maggio 15:00

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

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