We will expect this time nonfarm payroll will be worser than last month. Previous month’s nonfarm payroll show us -27k and this months is expected more than -50k.
Whatever the report from the nonfarm payroll this month, we must remember for the long term GBP/USD will be up. Of course the nonfarm payroll report will affect the currency for a while but it will follow the great investors.
We will see how it goes.
Remember to get out of the trade on 6th June 2008 for the nonfarm payroll report.
Have a blessed day!
Previous nonfarm payroll .