Ivey PMI s.a

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Based on the last 12 Ivey PMI s.a events in Canada, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards 48 hours following the event release at 2023-06-06 14:00 if the released value is < 57.2. A price movement of 175 pips is expected. Historical events that allowed us to draw this conclusion

04 May 14:00
06 Jan 15:00
04 Nov 14:00
05 Aug 14:00

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