Based on the last 12 Non Farm Payrolls events in United States, we expect GBPUSD to trend upwards. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend upwards for 12 hours because the released value is > 450K. A price movement of 59 pips is expected.

Historical events that allowed us to draw this conclusion

02 Jul 22:30	02 Apr 23:30
06 Mar 00:30	07 Nov 00:30

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