Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 177 pip movement on GBPUSD within 48 hours following the event release at 13 Feb 02:00 GMT+11. We expect GBPUSD to trend upwards 48 hours following the event release at 13 Feb 02:00 GMT+11 if the released value is > 80.8

Historical events that allowed us to draw this conclusion

12 Dec 02:00	17 Oct 01:00
15 Aug 00:00	13 Jun 00:00
16 May 00:00

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