Based on the last 12 Unemployment Rate events in Germany, we expect GF to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect GF to trend upwards 48 hours following the event release at 01 Sep 07:55 if the released value is < 6.4%. A price movement of 435 pips is expected. Historical events that allowed us to draw this conclusion
30 Jul 07:55 |
01 Jul 07:55 |
31 Mar 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
