United States Unemployment Rate News Event – a possible $340 movement on GBPUSD

Past performance is not an indicator of future results.
Based on the last 12 Unemployment Rate events in United States, we expect a $340 movement on GBPUSD within 2 hours following the event release at 05 Apr 13:30. We expect GBPUSD to trend upwards 2 hours following the event release at 05 Apr 13:30 if the released value is > 3.8%

Historical events that allowed us to draw this conclusion

01 Feb 13:30
04 Jan 13:30
06 Jul 13:30
06 Apr 13:30

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