We expect a $3924 movement on GF within 12 hours following the release of Unemployment Rate at 2024-11-12 07:00. We expect GF to trend upwards 12 hours following the event release at 2024-11-12 07:00 if the released value is > 4.1%. A price movement of 648 pips is expected.
Historical events that allowed us to draw this conclusion
16 Apr 06:00 |
12 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
