Based on the last 12 Unemployment Rate events in United Kingdom, we expect ZC to trend downwards later today. Based on these past events there is a 75% chance of this. We expect ZC to trend downwards 12 hours following the event release at 2025-01-21 07:00 if the released value is > 4.3%. A price movement of 17 pips is expected.
Historical events that allowed us to draw this conclusion
12 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).