We expect a $16631 movement on S within the next 4 hours. We expect S to trend downwards 4 hours following the Balance of Trade events in United Kingdom release because the released value is > £-9.3B. A price movement of 1137 pips is expected.
Historical events that allowed us to draw this conclusion
11 Apr 06:00 |
11 Feb 07:00 |
14 Jan 07:00 |
10 Dec 07:00 |
09 Jul 11:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
