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A possible $1,210 movement on GBPUSD within 48 hours following the event release at 02 Jun 12:30.

Based on the last 12 Continuing Jobless Claims events in United States, a $1,210 movement on GBPUSD may occur within 48 hours following the event release at 02 Jun 12:30. GBPUSD could trend downwards 48 hours following the event release at 02 Jun 12:30 if the released value is > 1325K

Historical events that allowed us to draw this conclusion

07 Apr 12:30
10 Mar 13:30

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

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A $2,060 movement could be seen on GBPUSD within 48 hours following the release of Adp Employment Change.

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