We expect a $260 movement on GBPUSD within 2 hours following the release of Continuing Jobless Claims at 22 Oct 12:30. We expect GBPUSD to trend downwards 2 hours following the event release at 22 Oct 12:30 if the released value is > 9500K. A price movement of 26 pips is expected.
Historical events that allowed us to draw this conclusion
24 Sep 12:30 |
10 Sep 12:30 |
27 Aug 12:30 |