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A possible $316.586 movement on HE within 2 hours following the event release at 01 Jun 14:00.

Based on the last 12 ISM Manufacturing PMI events in United States, a $316.586 movement on HE may occur within 2 hours following the event release at 01 Jun 14:00. HE could trend upwards 2 hours following the event release at 01 Jun 14:00 if the released value is > 54.5

Historical events that allowed us to draw this conclusion

01 Mar 15:00
01 Feb 15:00
01 Dec 15:00
01 Nov 14:00
01 Oct 14:00
01 Jun 14:00

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

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After testing 0.9617 numerous times, USD/CHF has finally broken through. Can we expect a bullish trend to follow?

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We may be expecting a $570 movement on GBPUSD within 12 hours following the event release at 01 Jun 14:00.

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