Based on the last 12 Unemployment Rate events in United Kingdom, we expect KW to trend downwards later today. Based on these past events there is a 75% chance of this. We expect KW to trend downwards 48 hours following the event release at 2024-12-17 07:00 if the released value is < 4.3%. A price movement of 71 pips is expected. Historical events that allowed us to draw this conclusion
13 Aug 06:00 |
13 Feb 07:00 |
12 Dec 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
