Based on the last 12 Unemployment Rate events in Japan, we expect a 20 pip movement on GBPUSD within 2 hours following the event release at 31 Aug 23:30 UTC. We expect GBPUSD to trend downwards 2 hours following the event release at 31 Aug 23:30 UTC if the released value is > 3%
Historical events that allowed us to draw this conclusion
29 Jun 23:30 |