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We expect 6C to trend downwards for the next 48 hours.

We expect 6C to trend downwards for the next 48 hours. Based on these past United Kingdom Claimant Count Change news events there is a 75% chance of this. We expect this to happen because the released value is < 35K. A price movement of 2 pips is expected. Historical events that allowed us to draw this conclusion

10 Nov 07:00
13 Oct 06:00
15 Sep 06:00
16 Jul 06:00
17 Mar 09:30
21 Jan 09:30

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

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