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Based on past Euro Area Unemployment Rate news events there is a 80% chance of GBPUSD trending upwards. We expect this to happen because the released value is < 7.4%. A price movement of 77 pips is expected. Historical events that allowed us to draw this conclusion
30 Jan 21:00![]() |
01 Jul 19:00![]() |
04 Jun 19:00![]() |
30 Apr 19:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).