We expect a $28.517 movement on CL within the next 2 hours. We expect CL to trend upwards 2 hours following the GDP Growth Rate QoQ 1st Est events in France release because the released value is > 0.8%. A price movement of 39 pips is expected.
Historical events that allowed us to draw this conclusion
30 Apr 05:30 |
29 Jan 06:30 |
30 Oct 06:30 |
31 Jul 05:30 |
30 Oct 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
