Based on past United States Continuing Jobless Claims news events there is a 85.71% chance of GBPUSD trending upwards. We expect this to happen if the released value is > 1475K. A price movement of 70 pips is expected.

Historical events that allowed us to draw this conclusion

11 Feb 00:30	04 Feb 00:30
28 Jan 00:30	21 Jan 00:30
07 Jan 00:30	10 Dec 00:30

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