Trade with an edge around todays United States Continuing Jobless Claims news event

Based on past United States Continuing Jobless Claims news events there is a 85.71% chance of GBPUSD trending downwards. We expect this to happen if the released value is > 2775K. A price movement of 59 pips is expected.

Historical events that allowed us to draw this conclusion

26 Aug 22:30
19 Aug 22:30
29 Jul 22:30
22 Jul 22:30
01 Jul 22:30
17 Jun 22:30

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