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We expect a 92 pip movement on GBPUSD within 12 hours following the event release.

Based on the last 12 Ivey PMI s.a events in Canada, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 53

Historical events that allowed us to draw this conclusion

06 Apr 14:00
06 Feb 15:00
07 Sep 14:00
07 Jun 14:00

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

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D’après les 12 derniers événements de Ivey Pmi Sa en Canada, nous attendons un mouvement de 53 pips sur USDCAD dans les 12 heures suivant la publication de l’événement à 2023-05-04 14:00.

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We expect a 483 pip movement on CL within 4 hours following the event release.

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