We expect a $2060 movement on GBPUSD within 48 hours following the event release at 2023-03-08 13:15.

We expect a $2060 movement on GBPUSD within 48 hours following the release of Adp Employment Change at 2023-03-08 13:15. We expect GBPUSD 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 206 pips is expected.

Historical events that allowed us to draw this conclusion

02 Nov 12:15

05 Oct 12:15

31 Aug 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”).