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 80% chance of this. This may happen if the released value is < 63 Historical events that allowed us to draw this conclusion

18 Mar 01:00	12 Nov 02:00
17 Sep 00:00	14 May 00:00

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