Based on the last 12 Ivey PMI s.a events in Canada, we expect a $820 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend upwards for 12 hours because the released value is < 70 Historical events that allowed us to draw this conclusion

08 May 00:00	08 Jan 02:00
08 Dec 02:00	08 Oct 01:00
05 Sep 00:00

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