We expect a $1,435.102 movement on GF within 12 hours following the release of Michigan Consumer Sentiment Prel at 15 Jan 15:00. We expect GF to trend downwards 12 hours following the event release at 15 Jan 15:00 if the released value is > 80. A price movement of 1,077 pips is expected.
Historical events that allowed us to draw this conclusion
16 Oct 14:00 |
18 Sep 14:00 |
14 Aug 14:00 |
12 Jun 14:00 |
15 May 14:00 |
13 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
