We expect a $1950 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend upwards 48 hours following the Continuing Jobless Claims events in United States release because the released value is > 1400K. A price movement of 195 pips is expected.
Historical events that allowed us to draw this conclusion
08 Sep 12:30 |
04 Aug 12:30 |
21 Jul 12:30 |
30 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
