Based on past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen if the released value is > 52.5. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

15 Apr 00:00

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