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This Monday 06 Jul at 02:00 PM GMT the latest US ISM Non-Manufacturing PMI number will be released.
If the number is less than than economists’ consensus there is a 75% probability that GBPUSD will trend down following the news event.
This probability is based on the last 12 US ISM Non-Manufacturing PMI events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an down trend of GBPUSD.
Here are images of the past events:
Wednesday 04 Dec at 03:00 PM GMT:
Monday 05 Aug at 02:00 PM GMT:
Wednesday 03 Jul at 02:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance