Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 62

Historical events that allowed us to draw this conclusion

14 Jan 02:00	15 Oct 01:00
13 Aug 00:00	16 Jul 00:00
15 Apr 00:00

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