We expect a $0 movement on 6S within the next 4 hours. We expect 6S to trend upwards 4 hours following the GDP Growth Rate QoQ 2nd Est events in United States release because the released value is > -32.5%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
29 Aug 12:30 |
29 Nov 13:30 |
30 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).