Based on the last 12 Retail Sales MoM events in United Kingdom, we expect a $220 movement on EURUSD within 4 hours following the event release at 2025-01-17 07:00. We expect EURUSD to trend downwards 4 hours following the event release at 2025-01-17 07:00 if the released value is > 0.4%
Historical events that allowed us to draw this conclusion
18 Oct 06:00 |
20 Sep 06:00 |
21 Jun 06:00 |
22 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).