We expect a $194471 movement on GC within the next 48 hours. We expect GC to trend downwards 48 hours following the Retail Sales MoM events in United Kingdom release because the released value is < -0.4%. A price movement of 8315 pips is expected. Historical events that allowed us to draw this conclusion
19 Apr 06:00 |
19 Jan 07:00 |
17 Nov 07:00 |
20 Oct 06:00 |
22 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
