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We expect a 1525 pip movement on PL within 2 hours following the event release.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect PL to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 67.2 Historical events that allowed us to draw this conclusion

12 May 14:00
17 Mar 14:00
11 Nov 15:00

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

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