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We expect GBPUSD to trend downwards right now.

Based on the last 12 ISM Manufacturing PMI events in United States, GBPUSD could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 4 hours because the released value is < 49. Historical events that allowed us to draw this conclusion

01 Aug 14:00
03 Jul 14:00
03 Apr 14:00
01 Mar 15:00
01 Feb 15:00
01 Dec 15:00

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

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Previous Post

D’après les 12 derniers événements de Ism Manufacturing Pmi en États-Unis, nous attendons un mouvement de $614 sur USDCAD pour les 12 heures à venir.

Next Post

Esperamos un movimiento en $510 del GBPUSD durante las próximas 12 horas.

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