We expect a $0.013 movement on BP within 12 hours following the release of Balance of Trade at 12 Jun 06:00. We expect BP to trend upwards 12 hours following the event release at 12 Jun 06:00 if the released value is < £-6.2B. A price movement of 1 pips is expected. Historical events that allowed us to draw this conclusion
09 Apr 06:00 |
10 Dec 09:30 |
11 Nov 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
