Based on the last 12 Employment Change events in AU, we expect a $80 movement on GBPUSD within the next 2 hours.
We expect GBPUSD to trend up for 2 hours because the released value is < 15K
Historical events that allowed us to draw this conclusion
16 Aug 01:30 |
14 Jun 01:30 |
19 Apr 01:30 |
22 Mar 00:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
