We expect a $170 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards 2 hours following the Unemployment Rate events in Euro Area release because the released value is = 6.6%. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

01 Aug 09:00

01 Jun 09:00

10 Jan 10:00

03 Nov 10:00

30 Sep 09:00