Based on the last 12 Unemployment Rate events in United Kingdom, we expect EURUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 3.7%
Historical events that allowed us to draw this conclusion
13 Dec 07:00 |
16 Aug 06:00 |
12 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
