Based on the last 12 Continuing Jobless Claims events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend downwards 48 hours following the event release at 12 Mar 23:30 if the released value is < 1723K. A price movement of 58 pips is expected. Historical events that allowed us to draw this conclusion

14 Feb 00:30	31 Jan 00:30
24 Jan 00:30	17 Jan 00:30

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