We expect GBPUSD to trend upwards for the next 2 hours. Based on these past Euro Area Unemployment Rate news events there is a 71.43% chance of this. We expect this to happen because the released value is = 6.6%. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

01 Aug 09:00

01 Jun 09:00

10 Jan 10:00

03 Nov 10:00

30 Sep 09:00