Based on the last 12 Non Farm Payrolls events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 2022-07-08 12:30 if the released value is > 268K. A price movement of 43 pips is expected.
Historical events that allowed us to draw this conclusion
03 Jun 12:30 |
06 May 12:30 |
04 Mar 13:30 |
05 Nov 12:30 |
06 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
