221 pip movement on GBPUSD expected

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 221 pip movement on GBPUSD within 48 hours following the event release at 01 Apr 23:30 GMT+11. We expect GBPUSD to trend downwards 48 hours following the event release at 01 Apr 23:30 GMT+11 if the released value is < 3775K Historical events that allowed us to draw this conclusion

12 Mar 00:30
05 Mar 00:30
26 Feb 00:30
22 Jan 00:30
15 Jan 00:30
08 Jan 00:30

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