United States ISM Manufacturing PMI News Event – a possible $460 movement on GBPUSD

Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $460 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards for 2 hours because the released value is < 43.6 Historical events that allowed us to draw this conclusion

02 Mar 15:00
03 Jan 15:00
02 Dec 15:00
01 Oct 14:00
03 Sep 14:00
01 Aug 14:00