75% probability that GBPUSD may trend downwards right now

Based on the last 12 Employment Change events in Australia, we expect GBPUSD to trend downwards for the next 2 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 35K

Historical events that allowed us to draw this conclusion

18 Mar 11:30
15 Oct 11:30
17 Sep 11:30
13 Aug 11:30
16 Jul 11:30
16 Apr 11:30

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