We expect a $11.994 movement on FF within 4 hours following the release of GDP Growth Rate QoQ at 29 May 12:30. We expect FF to trend downwards 4 hours following the event release at 29 May 12:30 if the released value is > -2.6%. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
