Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a 29 pip movement on GBPUSD within 12 hours following the event release at 06 Apr 00:00 GMT+10. We expect GBPUSD to trend downwards 12 hours following the event release at 06 Apr 00:00 GMT+10 if the released value is > 59

Historical events that allowed us to draw this conclusion

04 Feb 02:00	06 Aug 00:00
07 Jul 00:00	04 Jun 00:00
06 May 00:00	04 Apr 01:00

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