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HO could trend downwards for the next 48 hours.

HO may trend downwards for the next 48 hours. Based on these past United Kingdom Unemployment Rate news events there is a 80% chance of this. Our expectation is based on that fact that the released value is < 3.8%. A price movement of 9 pips could be expected. Historical events that allowed us to draw this conclusion

18 Jan 07:00
16 Nov 07:00
17 Aug 06:00
18 May 06:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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