Based on the last 12 Employment Change events in Canada, we expect GBPUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < -350K Historical events that allowed us to draw this conclusion

07 Dec 00:30	09 Nov 00:30
05 Jul 22:30	05 Apr 23:30

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