Based on past United States Continuing Jobless Claims news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen if the released value is > 1700K. A price movement of 18 pips is expected.
Historical events that allowed us to draw this conclusion
15 Aug 12:30 |
11 Jul 12:30 |
27 Jun 12:30 |
13 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
