Based on the last 12 ISM Manufacturing PMI events in United States, we expect GBPUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend downwards for the next 4 hours because the released value is > 59.6. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

02 Sep 00:00	02 Jun 00:00
03 Nov 02:00

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