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We expect a $710 movement on GBPUSD within the next 12 hours.

Based on the last 12 ISM Manufacturing PMI events in United States, we could see a $710 movement on GBPUSD within the next 12 hours. GBPUSD could trend upwards for the next 12 hours because the released value is < 49.5 Historical events that allowed us to draw this conclusion

01 Dec 15:00
01 Nov 14:00
01 Aug 14:00
01 Jun 14:00
03 Apr 14:00
01 Mar 15:00

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

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Support line breached by EUR/USD. This price has been tested at least twice before.

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We expect OJ to trend downwards today with a 71.43% chance.

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