What to trade around United Kingdom Claimant Count Change news event

Based on the last 12 Claimant Count Change events in United Kingdom, we expect USDCHF to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 17 Mar 20:30 if the released value is > 21.4K. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

12 Nov 20:30
16 Jul 18:30
11 Jun 18:30
14 May 18:30
16 Apr 18:30

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