Based on the last 12 Claimant Count Change events in United Kingdom, we expect S to trend downwards later today. Based on these past events there is a 75% chance of this. We expect S to trend downwards 2 hours following the event release at 12 Oct 06:00 if the released value is > -46K. A price movement of 537 pips is expected.
Historical events that allowed us to draw this conclusion
17 Aug 06:00 |
15 Jul 06:00 |
15 Dec 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
