Based on the last 12 Adp Employment Change events in United States, we expect a $440 movement on GBPUSD within 4 hours following the event release at 02 Sep 22:15. We expect GBPUSD to trend upwards 4 hours following the event release at 02 Sep 22:15 if the released value is > 950K
Historical events that allowed us to draw this conclusion
03 Jun 22:15 |
01 Apr 23:15 |
05 Mar 00:15 |
09 Jan 00:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).