United States ISM Manufacturing PMI News Event – a $530 opportunity on GBPUSD

We expect a $530 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards 2 hours following the ISM Manufacturing PMI events in United States release because the released value is < 52.2. A price movement of 53 pips is expected. Historical events that allowed us to draw this conclusion

01 Jul 14:00
01 Apr 14:00
04 Jan 15:00