Based on the last 12 Durable Goods Orders MoM events in United States, we expect GBPUSD to trend upwards for the next 48 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is < 0.7% Historical events that allowed us to draw this conclusion

24 Mar 23:30	28 Jan 00:30
25 Sep 22:30

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