We expect a $0 movement on BP within 2 hours following the release of Consumer Confidence at 02 Oct 05:00. We expect BP to trend upwards 2 hours following the event release at 02 Oct 05:00 if the released value is > 37.3. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
09 May 05:00 |
08 Jan 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).