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We expect a $0 movement on BP within 4 hours following the release of Retail Sales MoM.

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”).

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