Based on past United States Non Farm Payrolls news events there is a 66.67% chance of GC trending downwards. We expect this to happen because the released value is > 647K. A price movement of 2,379 pips is expected.
Historical events that allowed us to draw this conclusion
06 Nov 13:30 |
07 Aug 12:30 |
05 Jun 12:30 |
08 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
