We expect a $390.57 movement on GF within 12 hours following the release of RBA Interest Rate Decision at 01 Dec 03:30. We expect GF to trend downwards 12 hours following the event release at 01 Dec 03:30 if the released value is = 0.10%. A price movement of 277 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”).
