70% probability that GBPUSD may trend upwards

Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect GBPUSD to trend upwards later today. Based on these past events there is a 70% chance of this. This may happen if the released value is > 63

Historical events that allowed us to draw this conclusion

24 Mar 08:30
19 Feb 08:30
16 Dec 08:30
23 Nov 08:30
23 Oct 07:30
23 Sep 07:30
24 Jul 07:30