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We expect a $430 movement on GBPUSD within 2 hours following the release of Non Farm Payrolls.

Based on the last 12 Non Farm Payrolls events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 2022-07-08 12:30 if the released value is > 268K. A price movement of 43 pips is expected.

Historical events that allowed us to draw this conclusion

03 Jun 12:30
06 May 12:30
04 Mar 13:30
05 Nov 12:30
06 Aug 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect NKD to trend downwards right now.

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Important price line breached by 10 year US Treasury Note SEPTEMBER 2022. This price has been tested numerous times before.

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