Based on the last 12 Employment Change events in Canada, we expect GBPUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. 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