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We expect RB to trend upwards today.

Based on the last 12 Continuing Jobless Claims events in United States, we expect RB to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect RB to trend upwards 48 hours following the event release at 05 Mar 13:30 if the released value is > 1733K. A price movement of 5 pips is expected.

Historical events that allowed us to draw this conclusion

06 Feb 13:30
09 Jan 13:30
02 Jan 13:30
26 Dec 13:30
19 Dec 13:30

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

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