We expect a $590 movement on GBPUSD within 2 hours following the release of Employment Change at 10 Jul 12:30. We expect GBPUSD to trend upwards 2 hours following the event release at 10 Jul 12:30 if the released value is > 700K. A price movement of 59 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jun 12:30 |
08 May 12:30 |
06 Mar 13:30 |
11 Oct 12:30 |
06 Sep 12:30 |