93 pip movement on GBPUSD expected

Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 93 pip movement on GBPUSD for the next 12 hours. We expect GBPUSD to trend upwards for 12 hours because the released value is < -62K Historical events that allowed us to draw this conclusion

18 May 16:00
23 Feb 18:00
26 Jan 18:00
10 Nov 18:00
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”).