Based on the last 12 Retail Sales MoM events in United States, we expect a 35 pip movement on GBPUSD within 2 hours following the event release at 16 Sep 12:30 UTC. We expect GBPUSD to trend downwards 2 hours following the event release at 16 Sep 12:30 UTC if the released value is < 1% Historical events that allowed us to draw this conclusion

14 Aug 12:30

15 May 12:30

17 Mar 12:30

13 Dec 13:30