We expect a $0 movement on 6A within the next 12 hours. We expect 6A to trend upwards 12 hours following the GDP Growth Rate QoQ events in Canada release because the released value is < 0.6%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
01 Jun 12:30 |
01 Dec 13:30 |
31 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).