We expect KW to trend downwards for the next 4 hours. Based on these past United Kingdom Unemployment Rate news events there is a 83.33% chance of this. We expect this to happen because the released value is = 4.4%. A price movement of 36 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 |
14 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
