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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.

Based on the last 12 ISM Manufacturing PMI events in United States, a $570 movement could occur on GBPUSD within 12 hours following the event release at 01 Jun 14:00. We expect GBPUSD to trend downwards 12 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 Dec 15:00
01 Nov 14:00
01 Sep 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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A possible $316.586 movement on HE within 2 hours following the event release at 01 Jun 14:00.

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10 year US Treasury Note SEPTEMBER 2022 is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 2 days.

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