Based on the last 12 Continuing Jobless Claims events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 77.78% chance of this. We expect GBPUSD to trend upwards 48 hours following the event release at 2022-12-02 00:30 if the released value is > 1573K. A price movement of 341 pips is expected.

Historical events that allowed us to draw this conclusion

24 Nov 00:30	18 Nov 00:30
11 Nov 00:30	03 Nov 23:30
20 Oct 23:30	13 Oct 23:30
08 Sep 22:30

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