Based on the last 12 Adp Employment Change events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 02 Sep 22:15 if the released value is < 950K. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion

06 May 22:15

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