Based on the last 12 Continuing Jobless Claims events in United States, we expect GBPUSD to trend downwards. Based on these past events there is a 71.43% chance of this. We expect GBPUSD to trend downwards for 4 hours because the released value is > 2650K. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

26 Aug 22:30	19 Aug 22:30
29 Jul 22:30	22 Jul 22:30
01 Jul 22:30

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