Based on the last 12 Unemployment Rate events in Japan, we expect a 253 pip movement on GBPUSD within 12 hours following the event release at 29 Oct 10:30 GMT+11. We expect GBPUSD to trend downwards 12 hours following the event release at 29 Oct 10:30 GMT+11 if the released value is < 2.8% Historical events that allowed us to draw this conclusion
30 Jul 09:30 |
30 Apr 09:30 |
30 Mar 10:30 |
02 Mar 10:30 |
29 Jan 10:30 |
25 Dec 10:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).