We expect GBPUSD to trend upwards for the next 48 hours. Based on these past United States Non Farm Payrolls news events there is a 80% chance of this. We expect this to happen because the released value is > 150K. A price movement of 107 pips is expected.

Historical events that allowed us to draw this conclusion

05 Nov 23:30	02 Jul 22:30
06 Mar 00:30

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