Trade with an edge around todays United States ISM Non-Manufacturing PMI news event

Past performance is not an indicator of future results.
Based on past United States ISM Non-Manufacturing PMI news events there is a 80% chance of GBPUSD trending downwards. We expect this to happen because the released value is < 58. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

05 Feb 15:00
07 Jan 15:00
03 May 15:00
04 Apr 15:00

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

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