We expect GBPUSD to trend upwards later today. Based on these past United States JOLTs Job Openings news events there is a 83.33% chance of this. We expect this to happen if the released value is < 7.2M. A price movement of 34 pips is expected. Historical events that allowed us to draw this conclusion
03 Sep 14:00 |
29 Jul 14:00 |
01 Apr 14:00 |
04 Feb 15:00 |
29 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
