We expect a $160 movement on GBPUSD within 12 hours following the release of Personal Income MoM at 2024-12-20 13:30. We expect GBPUSD to trend upwards 12 hours following the event release at 2024-12-20 13:30 if the released value is < 0.4%. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion
26 Jul 12:30 |
29 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
