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There is a 70% chance of LE trending upwards

Based on past United States Continuing Jobless Claims news events there is a 70% chance of LE trending upwards. We expect this to happen if the released value is < 4300K. A price movement of 1,113 pips is expected. Historical events that allowed us to draw this conclusion

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28 Jan 13:30
21 Jan 13:30
14 Jan 13:30
07 Jan 13:30
23 Dec 13:30
17 Dec 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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