Based on the last 12 Adp Employment Change events in United States, we expect a $170 movement on GBPUSD within 4 hours following the event release at 02 Oct 12:15. We expect GBPUSD to trend downwards 4 hours following the event release at 02 Oct 12:15 if the released value is < 140K Historical events that allowed us to draw this conclusion
03 Jul 12:15 |
05 Jun 12:15 |
03 Apr 12:15 |
06 Mar 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).