74 pip movement on AUDUSD expected

Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 74 pip movement on AUDUSD within 12 hours following the event release at 18 May 16:00 GMT+10. We expect AUDUSD to trend downwards 12 hours following the event release at 18 May 16:00 GMT+10 if the released value is < 25K Historical events that allowed us to draw this conclusion

20 Apr 16:00
23 Feb 18:00
10 Nov 18:00
13 Oct 17:00
15 Sep 16:00
16 Jul 16:00

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