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We expect GBPUSD to trend upwards right now.

Based on the last 12 Non Farm Payrolls events in United States, we expect GBPUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards for the next 12 hours because the released value is < 490K. A price movement of 127 pips is expected. Historical events that allowed us to draw this conclusion

07 Jan 13:30
03 Sep 12:30
04 Jun 12:30
07 May 12:30

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

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