Based on the last 12 Durable Goods Orders MoM events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 0.7%

Historical events that allowed us to draw this conclusion

27 Jan 00:30	24 Nov 00:30
27 Jul 22:30	27 Jun 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).