43 pip movement on GBPUSD expected

Based on the last 12 Consumer Confidence events in Japan, we expect a 43 pip movement on GBPUSD within 2 hours following the event release at 02 Dec 05:00 UTC. We expect GBPUSD to trend upwards 2 hours following the event release at 02 Dec 05:00 UTC if the released value is < 33 Historical events that allowed us to draw this conclusion

29 Oct 05:00
01 Jul 05:00
29 May 05:00
06 Apr 05:20
03 Mar 05:00
29 Jan 05:00