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We expect a 62 pip movement on EURUSD within 12 hours following the event release.

Based on the last 12 Claimant Count Change events in United Kingdom, we expect a 62 pip movement on EURUSD within 12 hours following the event release at 10 Sep 08:30 UTC. We expect EURUSD to trend downwards 12 hours following the event release at 10 Sep 08:30 UTC if the released value is > 30K

Historical events that allowed us to draw this conclusion

16 Jul 08:30
14 May 08:30
16 Apr 08:30
19 Mar 09:20
22 Jan 09:30
11 Dec 09:30
16 Oct 08:30

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

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