47 pip movement on GBPUSD expected

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 47 pip movement on GBPUSD within 2 hours following the event release at 29 Jul 12:30 UTC. We expect GBPUSD to trend downwards 2 hours following the event release at 29 Jul 12:30 UTC if the released value is > 3196K

Historical events that allowed us to draw this conclusion

22 Jul 12:30
01 Jul 12:30
17 Jun 12:30
03 Jun 12:30
06 May 12:30