Based on past United States Durable Goods Orders MoM news events there is a 66.67% chance of GBPUSD trending upwards. We expect this to happen if the released value is > 1.1%. A price movement of 81 pips is expected.

Historical events that allowed us to draw this conclusion

24 Dec 00:30	26 Nov 00:30
27 Oct 23:30	26 Aug 22:30
27 Jul 22:30	28 May 22:30

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