United States ISM Non-Manufacturing PMI News Event – a possible $290 movement on GBPUSD

Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $290 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards for 2 hours because the released value is < 63.5 Historical events that allowed us to draw this conclusion

05 May 14:00
03 Mar 15:00
03 Dec 15:00
04 Nov 15:00