Based on the last 12 Retail Sales MoM events in United Kingdom, we could see a 32 pip movement on GBPUSD for the next 2 hours. GBPUSD could trend downwards for 2 hours because the released value is > 1.5%
Historical events that allowed us to draw this conclusion
21 Jul 06:00 |
23 Jun 06:00 |
24 Mar 07:00 |
17 Feb 07:00 |
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