Based on the last 12 Unemployment Rate events in United Kingdom, we may expect CL to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because because the released value is < 4.3%. A price movement of 189 pips may be experienced. Historical events that allowed us to draw this conclusion
14 Mar 07:00 |
11 Oct 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
