We expect a $130 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the Industrial Production YoY events in Euro Area release because the released value is < 0.3%. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion

15 Jun 09:00

15 Mar 10:00

12 Jan 10:00

14 Jul 09:00