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We expect a 22,250 pip movement on NKD within 12 hours following the event release.

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”).

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Resistance line breached by UK100. This price has been tested at least twice before.

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