Based on the last 12 Claimant Count Change events in United Kingdom, we expect USDCAD to trend downwards. Based on these past events there is a 85.71% chance of this. We expect USDCAD to trend downwards for 2 hours because the released value is < 100K. A price movement of 45 pips is expected. Historical events that allowed us to draw this conclusion

18 Feb 20:30	21 Jan 20:30
10 Sep 18:30

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