We expect RTY to trend upwards later today. Based on these past United Kingdom Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen if the released value is < 3.6%. A price movement of 2350 pips is expected. Historical events that allowed us to draw this conclusion
13 Sep 06:00 |
19 Jul 06:00 |
17 May 06:00 |
15 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
