Based on the last 12 Unemployment Change events in Germany, we expect a $50 movement on GBPUSD within 12 hours following the event release at 29 Aug 07:55. We expect GBPUSD to trend downwards 12 hours following the event release at 29 Aug 07:55 if the released value is < 4K Historical events that allowed us to draw this conclusion
31 Jul 07:55 |
01 Mar 08:55 |
29 Nov 08:55 |
28 Sep 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
