United States Continuing Jobless Claims News Event – a $190 opportunity on GBPUSD

We expect a $190 movement on GBPUSD within 4 hours following the release of Continuing Jobless Claims at 01 Oct 22:30. We expect GBPUSD to trend upwards 4 hours following the event release at 01 Oct 22:30 if the released value is < 12225K. A price movement of 19 pips is expected. Historical events that allowed us to draw this conclusion

17 Sep 22:30
20 Aug 22:30
06 Aug 22:30
23 Jul 22:30
16 Jul 22:30

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