We expect GF to trend upwards later today. Based on these past United States Inflation Rate MoM news events there is a 83.33% chance of this. We expect this to happen if the released value is = 0.2%. A price movement of 282 pips is expected.
Historical events that allowed us to draw this conclusion
15 Jul 12:30 |
11 Dec 13:30 |
13 Nov 13:30 |
11 Sep 12:30 |
14 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
