Based on the last 12 ISM Manufacturing PMI events in United States, we expect a 26 pip movement on GBPUSD within 2 hours following the event release at 02 Oct 00:00 GMT+10. We expect GBPUSD to trend downwards 2 hours following the event release at 02 Oct 00:00 GMT+10 if the released value is > 56.3

Historical events that allowed us to draw this conclusion

02 Sep 00:00	02 May 00:00
02 Apr 01:00	04 Feb 02:00

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