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We expect GF to trend downwards right now.

Based on the last 12 Non Farm Payrolls events in United States, GF could experience an downwards trend. Based on these past events there is a 83.33% chance of this, and the trend could last 2 hours because the released value is > 130K.

Historical events that allowed us to draw this conclusion

04 Apr 12:30
10 Jan 13:30
06 Dec 13:30
04 Oct 12:30
05 Jul 12:30

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

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We expect a $660 movement on GBPUSD within 2 hours following the release of Non Farm Payrolls.

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