Based on the last 12 ISM Manufacturing PMI events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 46.8
Historical events that allowed us to draw this conclusion
01 Nov 14:00 |
01 Aug 14:00 |
01 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
