Based on the last 12 Claimant Count Change events in United Kingdom, we expect UB to trend downwards. Based on these past events there is a 71.43% chance of this. We expect UB to trend downwards for 4 hours because the released value is < 78.8K. A price movement of 1,084 pips is expected. Historical events that allowed us to draw this conclusion
15 Sep 06:00 |
17 Mar 09:30 |
18 Feb 09:30 |
21 Jan 09:30 |
15 Oct 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).