GBPUSD will trend upwards right now

Past performance is not an indicator of future results.
We expect GBPUSD to trend upwards for the next 12 hours. Based on these past United States Continuing Jobless Claims news events there is a 75% chance of this. We expect this to happen because the released value is < 1740K. A price movement of 27 pips is expected.

Historical events that allowed us to draw this conclusion

07 Feb 13:30

24 Jan 13:30

06 Dec 13:30

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

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