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We expect a 1 pip movement on BP within 12 hours following the event release.

Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 1 pip movement on BP within 12 hours following the event release at 17 Mar 09:30 UTC. We expect BP to trend upwards 12 hours following the event release at 17 Mar 09:30 UTC if the released value is < 21.4K Historical events that allowed us to draw this conclusion

18 Feb 09:30
21 Jan 09:30
15 Oct 08:30
10 Sep 08:30

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

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After experiencing a 48.55% bearish move in the space of 12 days, nobody knows where BCHCAD is headed.

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We expect KC to trend downwards right now.

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