Based on the last 12 Adp Employment Change events in United States, we expect GF to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect GF to trend downwards 48 hours following the event release at 2023-03-08 13:15 if the released value is > 200K. A price movement of 867 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jan 13:15 |
05 Oct 12:15 |
30 Mar 12:15 |
02 Mar 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
