We expect a $0 movement on 6E within 48 hours following the release of GfK Consumer Confidence at 23 Apr 23:01. We expect 6E to trend downwards 48 hours following the event release at 23 Apr 23:01 if the released value is > -40. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
30 Mar 23:01 |
20 Dec 00:01 |
26 Sep 23:01 |
30 Jul 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
