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We expect a $0.019 movement on HO within 2 hours following the event release at 10 Sep 08:30.

Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $0.019 movement on HO within 2 hours following the event release at 10 Sep 08:30. We expect HO to trend upwards 2 hours following the event release at 10 Sep 08:30 if the released value is = 3.9%

Historical events that allowed us to draw this conclusion

16 Jul 08:30
11 Jun 08:30
16 Apr 08:30
19 Feb 09:30
11 Dec 09:30

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

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We expect SP to trend upwards today with a 70% chance.

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We expect a 62 pip movement on EURUSD within 12 hours following the event release.

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