We expect GBPUSD to trend downwards for the next 2 hours. Based on these past United States Philadelphia Fed Manufacturing Index news events there is a 66.67% chance of this. We expect this to happen because the released value is > 22. A price movement of 50 pips is expected.

Historical events that allowed us to draw this conclusion

15 Oct 12:30

18 Jun 12:30

16 Jan 13:30

21 Nov 13:30