Based on the last 12 Ivey PMI s.a events in Canada, we expect a $220 movement on GBPUSD within 2 hours following the event release at 06 Nov 15:00. We expect GBPUSD to trend upwards 2 hours following the event release at 06 Nov 15:00 if the released value is > 51.5

Historical events that allowed us to draw this conclusion

07 Aug 14:00

07 Jul 14:00

05 Jun 14:00

05 Dec 15:00