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We expect GBPUSD to trend upwards today with a 75% chance.

We expect GBPUSD to trend upwards later today. Based on these past United States ISM Manufacturing PMI news events there is a 75% chance of this. We expect this to happen if the released value is < 47.5. A price movement of 103 pips is expected. Historical events that allowed us to draw this conclusion

01 Mar 15:00
01 Feb 15:00
04 Jan 15:00
03 Oct 14:00
01 Jul 14:00
01 Apr 14:00

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

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CORN MAY 2023 experienced a very large 4 days bullish move to 667.0

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D’après les derniers 12 événements Ism Manufacturing Pmi en États-Unis, nous prévoyons que GBPUSD ira à la baisse plus tard dans la journée. Basé sur ces derniers événements, cela arrivera avec une probabilité de 75%.

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