Based on the last 12 Retail Sales MoM events in United States, we expect a 122 pip movement on GBPUSD within 4 hours following the event release at 2023-01-19 00:30. We expect GBPUSD to trend downwards 4 hours following the event release at 2023-01-19 00:30 if the released value is < -0.8% Historical events that allowed us to draw this conclusion

16 Dec 00:30	14 Oct 23:30
17 Aug 22:30	15 Jun 22:30
14 Apr 22:30	15 Jan 00:30

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