Based on the last 12 Continuing Jobless Claims events in United States, we expect a 176 pip movement on GBPUSD within 48 hours following the event release at 08 Oct 12:30 GMT. We expect GBPUSD to trend upwards 48 hours following the event release at 08 Oct 12:30 GMT if the released value is > 11400K
Historical events that allowed us to draw this conclusion
|24 Sep 12:30|
|27 Aug 12:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).