United States Non Farm Payrolls News Event – a possible $450 movement on GBPUSD

Based on the last 12 Non Farm Payrolls events in United States, we expect a $450 movement on GBPUSD within the next 4 hours. We expect GBPUSD to trend upwards for 4 hours because the released value is > 647K

Historical events that allowed us to draw this conclusion

06 Mar 00:30
07 Nov 00:30
05 Jun 22:30
08 May 22:30

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