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Based on the last 12 Durable Goods Orders MoM events in United States, we could see a 80 pip movement on GBPUSD for the next 4 hours. GBPUSD could trend downwards for 4 hours because the released value is > -0.8%
Historical events that allowed us to draw this conclusion
24 Apr 12:30 |
26 Mar 12:30 |
22 Dec 13:30 |
27 Sep 12:30 |
27 Jul 12:30 |
26 May 12:30 |
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