We expect a $9,784.65 movement on LB within the next 48 hours. We expect LB to trend downwards 48 hours following the GDP Growth Rate QoQ Flash events in Germany release because the released value is < 0.1%. A price movement of 2,150 pips is expected. Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
