Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $55057 movement on KW within 48 hours following the event release at 2023-05-16 06:00. We expect KW to trend downwards 48 hours following the event release at 2023-05-16 06:00 if the released value is > 3.8%
Historical events that allowed us to draw this conclusion
18 Apr 06:00 |
15 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).