We expect a $180 movement on GBPUSD within 2 hours following the release of Michigan Consumer Sentiment Prel at 12 Feb 15:00. We expect GBPUSD to trend upwards 2 hours following the event release at 12 Feb 15:00 if the released value is < 80.8. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion

15 Jan 15:00

13 Nov 15:00

17 Jul 14:00