We expect SP to trend downwards later today. Based on these past United Kingdom Claimant Count Change news events there is a 75% chance of this. We expect this to happen if the released value is < 22.6K. A price movement of 8,435 pips is expected. Historical events that allowed us to draw this conclusion
13 Aug 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
