We expect a $48788 movement on GC within the next 4 hours. We expect GC to trend upwards 4 hours following the Inflation Rate YoY events in Japan release because the released value is > 2.5%. A price movement of 187 pips is expected.
Historical events that allowed us to draw this conclusion
21 Nov 23:30 |
20 Jun 23:30 |
26 Feb 23:30 |
21 Dec 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).