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We expect GBPUSD to trend upwards for the next 12 hours.

Based on the last 12 JOLTs Job Openings events in United States, we may expect GBPUSD to trend upwards right now. Based on these past events there is a 80% chance of this. We made this conclusion because because the released value is > 8.75M. A price movement of 71 pips may be experienced.

Historical events that allowed us to draw this conclusion

01 Nov 14:00
31 May 14:00
08 Mar 15:00
01 Feb 15:00

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

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