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We expect a 31 pip movement on GBPUSD within 12 hours following the event release.

Based on the last 12 Retail Sales MoM events in United States, we expect a 31 pip movement on GBPUSD within 12 hours following the event release at 14 Jan 13:30 UTC. We expect GBPUSD to trend upwards 12 hours following the event release at 14 Jan 13:30 UTC if the released value is < 0% Historical events that allowed us to draw this conclusion

15 Dec 13:30
15 Jun 12:30
14 May 12:30
16 Mar 12:30

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

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