Based on the last 12 Unemployment Rate events in Euro Area, we expect GC to trend upwards for the next 2 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is = 7.2%

Historical events that allowed us to draw this conclusion

02 Dec 10:00

03 Nov 10:00

01 Sep 09:00

01 Feb 10:00