Based on the last 12 Non Farm Payrolls events in US, we expect GBPUSD to trend down for the next 2 hours. Based on these past events there is a 83.3% of this.
This will happen because the released value is < 185K
Historical events that allowed us to draw this conclusion
03 Aug 12:30 |
04 May 12:30 |
05 Jan 13:30 |
03 Nov 12:30 |
06 Oct 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
