EURUSD could trend downwards later today. Based on these past United Kingdom Unemployment Rate news events there is a 66.67% chance of this. This could happen only if the released value is = 3.8%. The price movement may be as big as 39 pips.
Historical events that allowed us to draw this conclusion
12 Apr 06:00 |
14 Dec 07:00 |
12 Oct 06:00 |
15 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
