This Monday 16 Apr at 12:30 PM GMT the latest US Retail Sales MoM number will be released.
If the number is less than than economists’ consensus there is a 75% probability that GBPUSD will trend up following the news event.
This probability is based on the last 12 US Retail Sales MoM events, in which 6 of the last 8 events where the actual number was less than than the economist consensus resulted in an up trend of GBPUSD.
Here are images of the past events:
Wednesday 14 Feb at 01:30 PM GMT:
Friday 13 Oct at 12:30 PM GMT:
Friday 14 Jul at 12:30 PM GMT:
Wednesday 14 Jun at 12:30 PM GMT:
Friday 12 May at 12:30 PM GMT:
Friday 14 Apr at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance