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Euro Area Unemployment Rate News Event – a possible $170 movement on GBPUSD

Based on the last 12 Unemployment Rate events in Euro Area, we expect a $170 movement on GBPUSD within 2 hours following the event release at 2022-09-30 09:00. We expect GBPUSD to trend upwards 2 hours following the event release at 2022-09-30 09:00 if the released value is = 6.6%

Historical events that allowed us to draw this conclusion

01 Aug 09:00
01 Jun 09:00
10 Jan 10:00
03 Nov 10:00
30 Sep 09:00