Be very careful of upcoming volatility because of United States GDP Price Index QoQ Final news event later today. Based on the last 12 GDP Price Index QoQ Final events in United States, we expect a $237.174 movement on GF within 4 hours following the event release at 26 Sep 12:30. We expect this to happen if the released value is = 2.4%. A price movement of 168 pips is expected.
Historical events that allowed us to draw this conclusion
28 Mar 12:30 |
21 Dec 13:30 |
28 Sep 12:30 |
22 Dec 13:30 |
29 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
