Based on past United Kingdom Unemployment Rate news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen if the released value is = 4.6%. A price movement of 89 pips is expected.
Historical events that allowed us to draw this conclusion
20 Mar 07:00 |
17 Dec 07:00 |
10 Sep 06:00 |
18 Jul 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
