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We expect a 11 pip movement on HG for the next 48 hours.

Based on the last 12 Adp Employment Change events in United States, we expect a 11 pip movement on HG for the next 48 hours. We expect HG to trend upwards for 48 hours because the released value is > 400K

Historical events that allowed us to draw this conclusion

06 Oct 12:15
03 Feb 13:15

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

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