Based on the last 12 Claimant Count Change events in United Kingdom, we expect EURUSD to trend downwards later today. Based on these past events there is a 72.73% chance of this. We expect EURUSD to trend downwards 12 hours following the event release at 13 Aug 08:30 if the released value is > 32K. A price movement of 29 pips is expected.
Historical events that allowed us to draw this conclusion
16 Jul 08:30 |
14 May 08:30 |
16 Apr 08:30 |
19 Mar 09:20 |
22 Jan 09:30 |
11 Dec 09:30 |
16 Oct 08:30 |
14 Aug 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
