We expect a $0.778 movement on SB within 2 hours following the release of Retail Sales MoM at 03 Sep 01:30. We expect SB to trend upwards 2 hours following the event release at 03 Sep 01:30 if the released value is > 0.2%. A price movement of 7 pips is expected.
Historical events that allowed us to draw this conclusion
02 Aug 01:30 |
07 May 01:30 |
03 Apr 00:30 |
11 Jan 00:30 |
06 Dec 00:30 |
05 Oct 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
