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We expect UB to trend upwards with a 66.67% chance.

Based on the last 12 ISM Manufacturing PMI events in United States, UB could experience an upwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 48 hours because the released value is > 48.

Historical events that allowed us to draw this conclusion

03 Feb 15:00
02 Dec 15:00

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

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We expect a 30 pip movement on USDJPY for the next 4 hours.

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