If the released value is > 300K for the Adp Employment Change event, we could see a $2,060 movement on GBPUSD within 48 hours following the release at 02 Jun 12:15. This movement may form an downwards trend for 48 hours following the event release at 02 Jun 12:15.
Historical events that allowed us to draw this conclusion
30 Mar 12:15 |
02 Mar 13:15 |
01 Dec 13:15 |
03 Nov 12:15 |
30 Jun 12:15 |
03 Jun 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).