Based on the last 12 Continuing Jobless Claims events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 77.78% chance of this. We expect GBPUSD to trend upwards 48 hours following the event release at 2022-12-08 13:30 if the released value is > 1600K. A price movement of 341 pips is expected.
Historical events that allowed us to draw this conclusion
01 Dec 13:30 |
23 Nov 13:30 |
17 Nov 13:30 |
10 Nov 13:30 |
03 Nov 12:30 |
20 Oct 12:30 |
13 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
