Based on the last 12 Consumer Confidence events in Japan, we could see a 2189 pip movement on GC for the next 12 hours. GC could trend downwards for 12 hours because the released value is > 36
Historical events that allowed us to draw this conclusion
01 May 05:00 |
10 Apr 05:00 |
05 Jan 05:00 |
31 Aug 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).