75% probability that GBPUSD may trend upwards right now

Based on the last 12 ISM Manufacturing PMI events in United States, we expect GBPUSD to trend upwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is < 59 Historical events that allowed us to draw this conclusion

05 Jan 02:00
03 Aug 00:00
04 May 00:00

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