Based on the last 12 ISM Manufacturing PMI events in United States, we expect a 24 pip movement on GBPUSD within 2 hours following the event release at 01 Mar 15:00 UTC. We expect GBPUSD to trend downwards 2 hours following the event release at 01 Mar 15:00 UTC if the released value is > 58.8

Historical events that allowed us to draw this conclusion

02 Nov 15:00

01 Sep 14:00

01 May 14:00

01 Apr 14:00