Based on the last 12 Employment Change events in Australia, we expect a $1,160 movement on GBPUSD within 4 hours following the event release at 21 Jan 11:30. We expect GBPUSD to trend downwards 4 hours following the event release at 21 Jan 11:30 if the released value is > 50K

Historical events that allowed us to draw this conclusion

19 Nov 11:30	15 Oct 11:30
17 Sep 11:30	13 Aug 11:30
16 Jul 11:30	16 Apr 11:30
19 Mar 11:30	20 Feb 11:30
23 Jan 11:30

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