Based on past United Kingdom Unemployment Rate news events there is a 66.67% chance of USDJPY trending upwards. We expect this to happen because the released value is > 4.6%. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
21 Jan 07:00 |
12 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
