Based on the last 12 Personal Income MoM events in United States, we expect a $830 movement on GBPUSD within 12 hours following the event release at 2024-11-27 13:30. We expect GBPUSD to trend downwards 12 hours following the event release at 2024-11-27 13:30 if the released value is = 0.3%
Historical events that allowed us to draw this conclusion
31 Oct 12:30 |
26 Apr 12:30 |
26 Jan 13:30 |
22 Dec 13:30 |
30 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
