We expect a $130 movement on GBPUSD within 2 hours following the release of ISM Non-Manufacturing PMI at 05 Oct 14:00. We expect GBPUSD to trend downwards 2 hours following the event release at 05 Oct 14:00 if the released value is > 56.3. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

05 Aug 14:00

06 Jul 14:00

05 May 14:00

03 Apr 14:00

05 Nov 15:00