We expect a $30572 movement on GC within 12 hours following the release of Consumer Confidence Flash at 2022-11-22 15:00. We expect GC to trend upwards 12 hours following the event release at 2022-11-22 15:00 if the released value is > -26. A price movement of 1745 pips is expected.
Historical events that allowed us to draw this conclusion
21 Oct 14:00 |
23 Aug 14:00 |
20 May 14:00 |
21 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
