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There is a 66.67% chance of GBPUSD trending downwards

Based on past United States Continuing Jobless Claims news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen if the released value is > 1700K. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

15 Aug 12:30
11 Jul 12:30
27 Jun 12:30
13 Jun 12:30

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

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