Want to know why GBPUSD is going upwards today?

Past performance is not an indicator of future results.
Based on the last 12 Unemployment Rate events in Canada, we expect a $180 movement on GBPUSD within 48 hours following the event release at 05 Apr 13:30. We expect GBPUSD to trend upwards 48 hours following the event release at 05 Apr 13:30 if the released value is > 5.8%

Historical events that allowed us to draw this conclusion

07 Sep 13:30
06 Jul 13:30

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

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