Based on the last 12 Continuing Jobless Claims events in US, we expect a $360 movement on GBPUSD within the next 4 hours.
We expect GBPUSD to trend down for the next 4 hours because the released value is < 1699K
Historical events that allowed us to draw this conclusion
18 Apr 12:30 |
11 Apr 12:30 |
04 Apr 12:30 |
21 Mar 12:30 |
07 Mar 13:30 |
21 Feb 13:30 |
14 Feb 13:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
