We expect GBPUSD to trend upwards later today. Based on these past Germany Markit Manufacturing PMI Flash news events there is a 70% chance of this. We expect this to happen if the released value is > 63. A price movement of 37 pips is expected.

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