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There is a 75% chance of GF trending upwards

Based on past France Unemployment Rate news events there is a 75% chance of GF trending upwards. We expect this to happen if the released value is < 8.3%. A price movement of 389 pips is expected. Historical events that allowed us to draw this conclusion

14 May 05:30
13 Feb 06:30
14 Aug 05:30
16 May 05:30
14 Feb 06:30
20 Nov 06:30
14 Aug 05:30
15 Feb 06:30

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

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We expect CC to trend upwards today with a 75% chance.

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