Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 55.5 Historical events that allowed us to draw this conclusion
03 Jun 14:00 |
04 May 14:00 |
05 Apr 14:00 |
03 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
