Receive the latest alerts via email

Be very careful of upcoming volatility. We expect a $440 movement on GBPUSD.

Be very careful of upcoming volatility because of United States Retail Sales MoM news event later today. Based on the last 12 Retail Sales MoM events in United States, we expect a $440 movement on GBPUSD within 2 hours following the event release at 15 Nov 13:30. We expect this to happen if the released value is < 0.2%. A price movement of 44 pips is expected. Historical events that allowed us to draw this conclusion

14 Jun 12:30
15 May 12:30
01 Apr 12:30
14 Feb 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

Total
0
Shares
Previous Post

We expect a $0 movement on FF within 48 hours following the release of Retail Sales MoM.

Next Post

After experiencing a 8.23% bearish move in the space of 7 days, nobody knows where Cisco Systems Inc. is headed.

ARTÍCULOS RELACIONADOS