Based on the last 12 Unemployment Rate events in Euro Area, we expect a $1,240 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend downwards for 48 hours because the released value is < 8.3% Historical events that allowed us to draw this conclusion

04 Mar 21:00	08 Jan 21:00
01 Sep 19:00	02 Jul 19:00
30 Apr 19:00

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