We expect a $28,702.965 movement on GC within 4 hours following the release of Employment Change at 20 May 01:30. We expect GC to trend downwards 4 hours following the event release at 20 May 01:30 if the released value is > 15K. A price movement of 1,535 pips is expected.
Historical events that allowed us to draw this conclusion
18 Mar 00:30 |
19 Nov 00:30 |
15 Oct 00:30 |
17 Sep 01:30 |
13 Aug 01:30 |
16 Jul 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
