Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 62 pip movement on USDCAD for the next 48 hours. We expect USDCAD to trend upwards for 48 hours because the released value is > 400K

Historical events that allowed us to draw this conclusion

19 May 16:00	12 Nov 20:30
11 Jun 18:30

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