We expect GBPUSD to trend downwards for the next 2 hours. Based on these past United States Continuing Jobless Claims news events there is a 71.43% chance of this. We expect this to happen because the released value is > 1407K. A price movement of 37 pips is expected.

Historical events that allowed us to draw this conclusion

04 Aug 22:30	07 Jul 22:30
30 Jun 22:30	16 Jun 22:30
26 May 22:30

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