If the released value is < 5% for the Unemployment Rate event, we could see a $280 movement on GBPUSD within 2 hours following the release at 31 May 07:55. This movement may form an upwards trend for 2 hours following the event release at 31 May 07:55. Historical events that allowed us to draw this conclusion
02 Mar 08:55 |
01 Feb 08:55 |
04 Jan 08:55 |
29 Jul 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
