We expect a $16,575.64 movement on GC within 48 hours following the release of Philadelphia Fed Manufacturing Index at 17 Jun 12:30. We expect GC to trend upwards 48 hours following the event release at 17 Jun 12:30 if the released value is < 31. A price movement of 920 pips is expected. Historical events that allowed us to draw this conclusion
20 May 12:30 |
20 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
