We expect a $570 movement on GBPUSD within 12 hours following the event release at 2022-09-01 14:00.

We expect a $570 movement on GBPUSD within 12 hours following the release of ISM Manufacturing PMI at 2022-09-01 14:00. We expect GBPUSD to trend downwards 12 hours following the event release at 2022-09-01 14:00 if the released value is > 52. A price movement of 57 pips is expected.

Historical events that allowed us to draw this conclusion

01 Aug 14:00

01 Jun 14:00

01 Mar 15:00

01 Dec 15:00

01 Nov 14:00

01 Sep 14:00

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