GB PMI - Manufacturing


Fx News Spike Signals by Crazy Cat, 2019/04/01

Release Time: 04:30 New York time (EST)
Primary currency pair: GBP/USD
Forecast: 51.2
Prior: 52.0
LT1 (Lower Trigger 1): -2.0 [SELL]
UT1 (Upper Trigger 1): +2.0 [BUY]
Safety: 7

Due to Brexit issues, the market may not care about this report at all this time, as it can be totally driven by Brexit-related events.

If GB Manufacturing PMI comes out at 49.2 or less ( -2.0 trigger), GBP/USD may go down by about 20 pips. If it comes out at 53.2 or higher ( +2.0 trigger), GBP/USD may go up by 20 pips.

Based on 27 estimates, median estimate is 51.2 and average estimate is 51.2. The lowest estimate is 50.5 (two estimates), then 50.7 (one estimate), then 50.9 (two estimates), 51.0 (eight estimates), then 51.2 (one vote), 51.3 (three estimates), 51.4 (two estimates), 51.5 (five votes), 51.8 (one vote), 52.0 (two votes).

One standard deviation is +/- 0.38, down from 0.62 last month.

Forex news history and charts

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