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We expect a $11910 movement on S within 2 hours following the release of Non Farm Payrolls.

Based on the last 12 Non Farm Payrolls events in United States, we expect a $11910 movement on S within 2 hours following the event release at 2024-12-06 13:30. We expect S to trend downwards 2 hours following the event release at 2024-12-06 13:30 if the released value is < 200K Historical events that allowed us to draw this conclusion

01 Nov 12:30
06 Sep 12:30
03 May 12:30

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

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GBPUSD formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.

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We expect GBPUSD to trend downwards today with a 75% chance.

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