Based on the last 12 Adp Employment Change events in United States, we expect GBPUSD to trend downwards right now. Based on these past events there is a 85.71% chance of this. We expect GBPUSD to trend downwards for the next 48 hours because the released value is > 450K. A price movement of 206 pips is expected.
Historical events that allowed us to draw this conclusion
02 Mar 13:15 |
01 Dec 13:15 |
03 Nov 12:15 |
30 Jun 12:15 |
03 Jun 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
