Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 22,250 pip movement on NKD within 12 hours following the event release at 11 Aug 06:00 UTC. We expect NKD to trend downwards 12 hours following the event release at 11 Aug 06:00 UTC if the released value is > 10K
Historical events that allowed us to draw this conclusion
16 Jun 06:00 |
12 Nov 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
