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We expect GBPUSD to trend downwards today.

Based on the last 12 Ivey PMI s.a events in Canada, we expect a 20 pip movement on GBPUSD within 2 hours following the event release at 2025-10-07 14:00. We expect GBPUSD to trend downwards 2 hours following the event release at 2025-10-07 14:00 if the released value is < 51.2 Historical events that allowed us to draw this conclusion

05 Sep 14:00
06 May 14:00
08 Apr 14:00
07 Jan 15:00
06 Dec 15:00

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

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