ISM Manufacturing PMI

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Based on the last 12 ISM Manufacturing PMI events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 2023-06-01 14:00 if the released value is < 47. A price movement of 53 pips is expected. Historical events that allowed us to draw this conclusion

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

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