Based on past United Kingdom Unemployment Rate news events there is a 80% chance of ES trending upwards. We expect this to happen because the released value is = 3.6%. A price movement of 6437 pips is expected.
Historical events that allowed us to draw this conclusion
16 Aug 06:00 |
12 Apr 06:00 |
15 Feb 07:00 |
12 Oct 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
