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There is a 71.43% chance of S trending upwards

We expect a $6130 movement on S within the next 2 hours. We expect S to trend upwards 2 hours following the JOLTs Job Openings events in United States release because the released value is > 7.3M. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

03 Jun 14:00
07 Jan 15:00
03 Dec 15:00
01 Oct 14:00
30 Jul 14:00

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

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We expect a 25 pip movement on GBPUSD within 12 hours following the event release.

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