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 66.67% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 09 Jul 12:30 if the released value is > 195K. A price movement of 45 pips is expected.

Historical events that allowed us to draw this conclusion

09 Apr 12:30

04 Dec 13:30

09 Oct 12:30

10 Jul 12:30