Are you on the right side of Germany Markit Manufacturing PMI Flash news event?

Past performance is not an indicator of future results.
Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect GBPUSD to trend downwards. Based on these past events there is a 88.89% chance of this. We expect GBPUSD to trend downwards for 4 hours because the released value is < 49.7. A price movement of 30 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jan 08:30
14 Dec 08:30
23 Nov 08:30
24 Oct 08:30
21 Sep 08:30
22 Jun 08:30
23 May 08:30
22 Mar 08:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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