62 pip movement on GBPUSD expected

Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 62 pip movement on GBPUSD within 2 hours following the event release at 2023-03-24 12:30. We expect GBPUSD to trend upwards 2 hours following the event release at 2023-03-24 12:30 if the released value is < 0.6% Historical events that allowed us to draw this conclusion

27 Feb 13:30

23 Dec 13:30

27 Oct 12:30

24 Aug 12:30

25 May 12:30