Based on the last 12 Claimant Count Change events in United Kingdom, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend upwards 4 hours following the event release at 2022-12-13 18:00 if the released value is > 3.5K. A price movement of 45 pips is expected.
Historical events that allowed us to draw this conclusion
11 Oct 17:00 |
13 Sep 16:00 |
19 Jul 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).