Based on the last 12 Unemployment Rate events in Euro Area, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < 7.2% Historical events that allowed us to draw this conclusion
30 Jul 09:00 |
01 Jul 09:00 |
01 Jun 09:00 |
08 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
