123 pip movement on EURUSD expected

Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 123 pip movement on EURUSD within 4 hours following the event release at 16 Jun 16:00 GMT+10. We expect EURUSD to trend downwards 4 hours following the event release at 16 Jun 16:00 GMT+10 if the released value is < 400K Historical events that allowed us to draw this conclusion

21 Apr 16:00
17 Mar 20:30
18 Feb 20:30
15 Oct 19:30
10 Sep 18:30

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