United States Continuing Jobless Claims News Event – a possible $1,760 movement on GBPUSD

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $1,760 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend upwards for 48 hours because the released value is > 12300K

Historical events that allowed us to draw this conclusion

27 Aug 22:30

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