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We expect GBPUSD to trend upwards today with a 70% chance.

We expect a $1920 movement on GBPUSD within 2 hours following the release of Continuing Jobless Claims at 2022-12-29 13:30. We expect GBPUSD to trend upwards 2 hours following the event release at 2022-12-29 13:30 if the released value is > 1686K. A price movement of 192 pips is expected.

Historical events that allowed us to draw this conclusion

08 Dec 13:30
01 Dec 13:30
23 Nov 13:30
17 Nov 13:30
10 Nov 13:30
27 Oct 12:30
20 Oct 12:30

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

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