Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 60 pip movement on UB within 2 hours following the event release at 17 Dec 09:30 UTC. We expect UB to trend downwards 2 hours following the event release at 17 Dec 09:30 UTC if the released value is > 24.5K
Historical events that allowed us to draw this conclusion
16 Jul 08:30 |
11 Jun 08:30 |
14 May 08:30 |
19 Mar 09:20 |
19 Feb 09:30 |
11 Dec 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
