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We expect GBPUSD to trend downwards today with a 71.43% chance.

Based on the last 12 Unemployment Rate events in Canada, we expect a 66 pip movement on GBPUSD within 12 hours following the event release at 2025-08-08 12:30. We expect GBPUSD to trend downwards 12 hours following the event release at 2025-08-08 12:30 if the released value is < 7% Historical events that allowed us to draw this conclusion

11 Jul 12:30
07 Feb 13:30
10 Jan 13:30
08 Nov 13:30
11 Oct 12:30

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

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