Wednesday, December 05th, 2007 (8:15 a.m. New York Time) USA

At 8:15 a.m. New York time: U.S. ADP Non-Farm Employment. It is expected to read at 50,000 versus 106 K last month. If it reads at 0 or negative, I think GBP/USD may possibly go up by 40 pips or more in the first 30 minutes of the report simply because it would be a negative reading for the U.S. dollar. On the other hand, if we see a reading of 100 or above then we may see GBP/USD going down by 40 pips or more in the first 30 minutes of the report. SUMMARY:* Report: ADP Non-Farm Employment* Buy on GBP/USD if the number will be 0 or negative* Sell on GBP/USD if the number will be 100 or more* If the trigger is hit, expect 40 pips or more in the first 30 minutes of the report