Based on the last 12 Non Farm Payrolls events in United States, we expect GBPUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards for the next 12 hours because the released value is < 490K. A price movement of 127 pips is expected. Historical events that allowed us to draw this conclusion
07 Jan 13:30 |
03 Sep 12:30 |
04 Jun 12:30 |
07 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
