Based on the last 12 Unemployment Rate events in United Kingdom, we could see a 311 pip movement on CRD for the next 48 hours. CRD could trend upwards for 48 hours because the released value is = 4.3%
Historical events that allowed us to draw this conclusion
17 Jan 07:00 |
16 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
