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Based on the last 12 Unemployment Rate events in United Kingdom, we expect a 101 pip movement on AUDUSD within 48 hours following the event release at 15 Feb 18:00 GMT+11. We expect AUDUSD to trend downwards 48 hours following the event release at 15 Feb 18:00 GMT+11 if the released value is < 4.1% Historical events that allowed us to draw this conclusion
16 Nov 18:00 |
17 Aug 16:00 |
18 May 16:00 |
20 Apr 16:00 |
23 Mar 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).