Based on the last 12 Durable Goods Orders MoM events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 27 Sep 12:30 if the released value is > 0.7%. A price movement of 104 pips is expected.

Historical events that allowed us to draw this conclusion

25 Aug 12:30

25 Feb 13:30

23 Dec 13:30

25 Nov 13:30