We expect GBPUSD to trend upwards for the next 48 hours. Based on these past United States Continuing Jobless Claims news events there is a 71.43% chance of this. We expect this to happen because the released value is > 1438K. A price movement of 105 pips is expected.
Historical events that allowed us to draw this conclusion
04 Aug 12:30 |
21 Jul 12:30 |
30 Jun 12:30 |
16 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
