Based on the last 12 Unemployment Rate events in Euro Area, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 6.5%

Historical events that allowed us to draw this conclusion

03 Nov 21:00	30 Sep 19:00
01 Sep 19:00	01 Jun 19:00

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