We expect a $0 movement on BP within 4 hours following the release of Retail Sales MoM at 14 Feb 13:30. We expect BP to trend upwards 4 hours following the event release at 14 Feb 13:30 if the released value is > 0.3%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
15 Nov 13:30 |
13 Sep 12:30 |
11 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
