Based on the last 12 Ivey PMI s.a events in Canada, we expect a $590 movement on GBPUSD within 4 hours following the event release at 06 Jun 00:00. We expect GBPUSD to trend downwards 4 hours following the event release at 06 Jun 00:00 if the released value is > 25

Historical events that allowed us to draw this conclusion

07 Mar 02:00	08 Feb 02:00
07 Sep 00:00	08 Aug 00:00

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