If the system were to reach tropical storm intensity, it would take the name Micheal.
UPDATE 2:10 p.m.: The National Hurricane Center has increased the chances that a tropical system will form in the Gulf of Mexico to 70 percent.
A broad area of low pressure centered near the northeastern coast of Honduras is drifting northwestward and producing disorganized shower and thunderstorm activity from Central America east-northeastward across the Western Caribbean.
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Even if a tropical cyclone doesn't form, tropical moisture will move north and northeastward in the Gulf of Mexico. As of Saturday morning, the probabilities of cyclone formation were at 80 percent through Monday morning, and 90 percent over the next five days.
So far the Atlantic has produced 12 named storms this year. The Atlantic Basin hurricane season, which includes the Caribbean Sea and the Gulf of Mexico, runs through the end of November.
Forecasters at the National Weather Services National Hurricane Center are monitoring the system, which is now centered just north of the Honduran Bay Islands, according to a Saturday morning release. Regardless of development right now it looks like we could see more wet conditions across the region for Tuesday and Wednesday of the coming week.