Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 18 pip movement on AUDUSD within 2 hours following the event release at 12 Oct 17:00 GMT+11. We expect AUDUSD to trend downwards 2 hours following the event release at 12 Oct 17:00 GMT+11 if the released value is > -46K
Historical events that allowed us to draw this conclusion
17 Aug 16:00 |
15 Jul 16:00 |
15 Dec 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).