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Based on the last 12 Employment Change events in Australia, we expect a 61 pip movement on GBPUSD for the next 12 hours. We expect GBPUSD to trend downwards for 12 hours because the released value is > -40K
Historical events that allowed us to draw this conclusion
19 Mar 11:30![]() |
20 Feb 11:30![]() |
23 Jan 11:30![]() |
13 Jun 11:30![]() |
16 May 11:30![]() |
18 Apr 11:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).