Trade with an edge around todays Australia Employment Change news event

Based on past Australia Employment Change news events there is a 75% chance of GBPUSD trending downwards. We expect this to happen if the released value is > 35K. A price movement of 32 pips is expected.

Historical events that allowed us to draw this conclusion

18 Mar 11:30
15 Oct 11:30
17 Sep 11:30
13 Aug 11:30
16 Jul 11:30
16 Apr 11:30

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