Based on the last 12 Continuing Jobless Claims events in United States, we expect a $590 movement on GBPUSD within 4 hours following the event release at 29 Jul 22:30. We expect GBPUSD to trend downwards 4 hours following the event release at 29 Jul 22:30 if the released value is > 3196K

Historical events that allowed us to draw this conclusion

22 Jul 22:30	01 Jul 22:30
17 Jun 22:30	03 Jun 22:30
06 May 22:30

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