We expect 6C to trend downwards for the next 48 hours. Based on these past United Kingdom Claimant Count Change news events there is a 75% chance of this. We expect this to happen because the released value is < 35K. A price movement of 2 pips is expected. Historical events that allowed us to draw this conclusion
10 Nov 07:00 |
13 Oct 06:00 |
15 Sep 06:00 |
16 Jul 06:00 |
17 Mar 09:30 |
21 Jan 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
