Based on the last 12 Unemployment Rate events in United Kingdom, we expect a 36 pip movement on GBPUSD within 12 hours following the event release at 10 Sep 08:30 UTC. We expect GBPUSD to trend downwards 12 hours following the event release at 10 Sep 08:30 UTC if the released value is < 3.9% Historical events that allowed us to draw this conclusion
14 May 08:30 |
19 Mar 09:20 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
