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There is a 75% chance of GBPUSD trending downwards

Based on past United States Continuing Jobless Claims news events there is a 75% chance of GBPUSD trending downwards. A price movement of 63 could occur if the released value is > 1380K.

Historical events that allowed us to draw this conclusion

07 Apr 12:30
10 Mar 13:30
03 Mar 13:30

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

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UB may be ready to trend upwards today with a 75% chance.

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