Based on the last 12 Unemployment Rate events in United Kingdom, we expect a 44 pip movement on USDCHF within 4 hours following the event release at 2022-08-16 06:00. We expect USDCHF to trend upwards 4 hours following the event release at 2022-08-16 06:00 if the released value is = 3.8%
Historical events that allowed us to draw this conclusion
12 Apr 06:00 |
15 Feb 07:00 |
14 Dec 07:00 |
14 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
