Based on the last 12 Continuing Jobless Claims events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 87.5% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 08 Jul 12:30 if the released value is > 3335K. A price movement of 47 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jul 12:30

17 Jun 12:30

03 Jun 12:30

06 May 12:30

29 Apr 12:30

22 Apr 12:30

15 Apr 12:30