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We expect LB to trend upwards today.

Based on the last 12 Continuing Jobless Claims events in United States, we expect LB to trend upwards later today. Based on these past events there is a 75% chance of this. We expect LB to trend upwards 4 hours following the event release at 11 Jun 12:30 if the released value is < 20000K. A price movement of 1,900 pips is expected. Historical events that allowed us to draw this conclusion

28 May 12:30
14 May 12:30
30 Apr 12:30
23 Apr 12:30
16 Apr 12:30
09 Apr 12:30
02 Apr 12:30
19 Mar 12:30

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

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