Based on the last 12 Unemployment Rate events in United Kingdom, we could see USDJPY trend upwards right now. Based on historical events there is a 71.43% chance of this. This may happen because the released value is = 4.7%
Historical events that allowed us to draw this conclusion
12 Aug 06:00 |
10 Jun 06:00 |
13 May 06:00 |
20 Mar 07:00 |
10 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
