GB PMI - Manufacturing

Fx News Spike Signals by Crazy Cat, 2019/03/01

Release Time: 04:30 New York time (EST)
Primary currency pair: GBP/USD
Forecast: 52.0
Prior: 52.8
LT1 (Lower Trigger 1): -1.7 [SELL]
UT1 (Upper Trigger 1): +1.7 [BUY]
Safety: 7

If GB Manufacturing PMI comes out at 50.3 or less ( -1.7 trigger), GBP/USD may go down by about 20 pips. If it comes out at 53.7 or higher ( +1.7 trigger), GBP/USD may go up by 20 pips.

Based on 34 estimates, median estimate is 52.0 and average estimate is 52.0. The lowest estimate is 50.5 (one estimate), then 51.0 (three estimates), then 51.2 (one estimate), 51.3 (one estimate), then 51.5 (four votes), 51.8 (two estimates), 52.0 (10 estimates), 52.1 (one vote), 52.2 (two votes), 52.4 (three votes), 52.5 (three estimates), 53.0 (one vote), 53.2 (one vote) and finally 53.4 (one estimate).

One standard deviation is +/- 0.62, up from 0.47 last month.

Forex news history and charts

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