United States Continuing Jobless Claims News Event – a possible $370 movement on GBPUSD

Based on past United States Continuing Jobless Claims news events there is a 71.43% chance of GBPUSD trending downwards. We expect this to happen because the released value is > 1407K. A price movement of 37 pips is expected.

Historical events that allowed us to draw this conclusion

04 Aug 12:30
07 Jul 12:30
30 Jun 12:30
16 Jun 12:30
26 May 12:30