Germany Unemployment Rate News Event – a possible $280 movement on GBPUSD

Based on the last 12 Unemployment Rate events in Germany, we expect a $280 movement on GBPUSD within 2 hours following the event release at 31 Mar 07:55. We expect GBPUSD to trend upwards 2 hours following the event release at 31 Mar 07:55 if the released value is < 5% Historical events that allowed us to draw this conclusion

02 Mar 08:55
01 Feb 08:55
04 Jan 08:55
29 Jul 07:55