Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $200 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards for 2 hours because the released value is > 57.5

Historical events that allowed us to draw this conclusion

02 Nov 01:00	02 Oct 00:00
02 Sep 00:00	02 Apr 01:00
02 Mar 02:00

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