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We expect RTY to trend upwards right now.

Based on the last 12 PPI MoM events in United States, we could see a 81 pip movement on RTY for the next 4 hours. RTY could trend upwards for 4 hours because the released value is > 0.2%

Historical events that allowed us to draw this conclusion

12 Sep 12:30
12 Jul 12:30
14 May 12:30
16 Feb 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect GBPUSD to trend upwards for the next 12 hours.

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