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We expect a $2,260 movement on GBPUSD within 48 hours following the event release at 10 Oct 12:30.

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $2,260 movement on GBPUSD within 48 hours following the event release at 10 Oct 12:30. We expect GBPUSD to trend downwards 48 hours following the event release at 10 Oct 12:30 if the released value is < 1653K Historical events that allowed us to draw this conclusion

26 Sep 12:30
19 Sep 12:30
29 Aug 12:30
08 Aug 12:30
25 Jul 12:30
18 Jul 12:30

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

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