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There is a 77.78% chance of TN trending upwards

Based on past United Kingdom Claimant Count Change news events there is a 77.78% chance of TN trending upwards. We expect this to happen because the released value is > 24.5K. A price movement of 102 pips is expected.

Historical events that allowed us to draw this conclusion

12 Nov 09:30
16 Jul 08:30
11 Jun 08:30
14 May 08:30
16 Apr 08:30
19 Mar 09:20
22 Jan 09:30

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

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