Based on the last 12 ISM Manufacturing PMI events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is < 47 Historical events that allowed us to draw this conclusion
04 Apr 00:00 |
02 Mar 02:00 |
02 Feb 02:00 |
05 Jan 02:00 |
04 Oct 01:00 |
02 Jul 00:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).