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We expect GBPUSD to trend downwards today with a 80% chance.

Based on the last 12 Non Farm Payrolls events in United States, we expect a $1300 movement on GBPUSD within 48 hours following the event release at 2024-11-01 12:30. We expect GBPUSD to trend downwards 48 hours following the event release at 2024-11-01 12:30 if the released value is < 113K Historical events that allowed us to draw this conclusion

06 Sep 12:30
02 Aug 12:30
03 May 12:30
03 Nov 12:30

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

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Important price line breached by Nikkei 225. This price has been tested numerous times before.

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We expect UB to trend downwards today with a 88.89% chance.

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