Volatility alert for 19 May 16:00

Be very careful of upcoming volatility because of United Kingdom Claimant Count Change news event later today. We expect a large increase in volatility on the these instruments following the event release at 19 May 16:00 GMT+10:

The table below summarizes how the volatility of each instrument is expected to change during this news event.

Symbol Normal Movement Range Movement range during GB Claimant Count Change
GBPUSD 37-65 pips 54-89 pips (36.66%)

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

Be very careful of upcoming volatility because of United Kingdom Unemployment Rate news event later today. We expect a large increase in volatility on the these instruments following the event release at 19 May 16:00 GMT+10:

The table below summarizes how the volatility of each instrument is expected to change during this news event.

Symbol Normal Movement Range Movement range during GB Unemployment Rate
GBPUSD 37-65 pips 54-89 pips (36.66%)

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