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There is a 85.71% chance of GC trending downwards

Based on past United Kingdom Claimant Count Change news events there is a 85.71% chance of GC trending downwards. We expect this to happen because the released value is < 25K. A price movement of 2,615 pips is expected. Historical events that allowed us to draw this conclusion

23 Feb 07:00
26 Jan 07:00
10 Nov 07:00
13 Oct 06:00
15 Sep 06:00
16 Jul 06:00

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

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