United States Adp Employment Change News Event – a $440 opportunity on GBPUSD

We expect a $440 movement on GBPUSD within 4 hours following the release of Adp Employment Change at 05 Aug 22:15. We expect GBPUSD to trend upwards 4 hours following the event release at 05 Aug 22:15 if the released value is > 1500K. A price movement of 44 pips is expected.

Historical events that allowed us to draw this conclusion

03 Jun 22:15
01 Apr 23:15
05 Mar 00:15
09 Jan 00:15
31 Jul 22:15

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