We expect a $10,633.35 movement on GC within 2 hours following the release of Consumer Confidence at 03 Mar 05:00. We expect GC to trend upwards 2 hours following the event release at 03 Mar 05:00 if the released value is < 40.6. A price movement of 665 pips is expected. Historical events that allowed us to draw this conclusion
29 Jan 05:00 |
29 Aug 05:00 |
31 Jul 05:00 |
31 May 05:00 |
08 Apr 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
