Based on the last 12 Adp Employment Change events in United States, we expect GF to trend downwards right now. Based on these past events there is a 80% chance of this. We expect GF to trend downwards for the next 2 hours because the released value is < 140K. A price movement of 195 pips is expected. Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).