We expect GBPUSD to trend downwards later today. Based on these past United States Non Farm Payrolls news events there is a 72.73% chance of this. We expect this to happen if the released value is > 205K. A price movement of 85 pips is expected.

Historical events that allowed us to draw this conclusion

04 Feb 00:30	03 Dec 00:30
07 Oct 23:30	05 Aug 22:30
08 Jul 22:30	03 Jun 22:30
06 May 22:30	05 Mar 00:30

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