Based on the last 12 Claimant Count Change events in United Kingdom, we expect GI to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect GI to trend downwards 12 hours following the event release at 19 May 06:00 if the released value is < 676.5K. A price movement of 3,907 pips is expected. Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
