Based on the last 12 Employment Change events in Canada, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 15.9K Historical events that allowed us to draw this conclusion
08 Nov 13:30 |
05 Jul 12:30 |
05 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
