HG could trend downwards later today. Based on these past United Kingdom Unemployment Rate news events there is a 80% chance of this. This could happen only if the released value is < 3.8%. The price movement may be as big as 3 pips. Historical events that allowed us to draw this conclusion
15 Mar 07:00 |
18 Jan 07:00 |
17 Aug 06:00 |
18 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
