We expect a $240 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards 2 hours following the JOLTs Job Openings events in United States release because the released value is > 8.75M. A price movement of 24 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jan 15:00 |
01 Nov 14:00 |
31 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
