GBPUSD may trend upwards from 03 Feb 15:00

We expect GBPUSD to trend upwards later today. Based on these past United States ISM Manufacturing PMI news events there is a 66.67% chance of this. We expect this to happen if the released value is > 48.5. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

01 Apr 14:00
01 Feb 15:00