GB PMI - Manufacturing


Fx News Spike Signals by Crazy Cat, 2019/02/01

Release Time: 04:30 New York time (EST)
Primary currency pair: GBP/USD
Forecast: 53.5
Prior: 54.2
LT1 (Lower Trigger 1): -1.5 [SELL]
UT1 (Upper Trigger 1): +1.5 [BUY]
Safety: 7

If GB Manufacturing PMI comes out at 52.0 or less ( -1.5 trigger), GBP/USD may go down by about 20 pips. If it comes out at 55.0 or higher ( +1.5 trigger), GBP/USD may go up by 20 pips.

Based on 33 estimates, median estimate is 53.5 and average estimate is 53.5. The lowest estimate is 52.5 (one estimate), then 52.8 (one estimate), then 52.9 (one estimate), 53.0 (six estimates), then 53.3 (one vote), 53.4 (one estimate), 53.5 (11 estimates), 53.6 (one vote), 53.7 (two votes), 53.9 (one vote), 54.0 (four estimates), 54.2 (one vote) and finally 54.5 (two estimates).

One standard deviation is +/- 0.47, about same as last month.

Forex news history and charts

Go back to the Forex Market News listing
Copyright © 2014 Secret Weapons LLC. All Rights Reserved.   Contact Us | Affiliates | Privacy Policy


Risk disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as educational material and general market commentary, and does not constitute investment advice. Seek a licensed advisor. FastEconomicNews.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.