We expect GF to trend upwards for the next 2 hours. Based on these past United States Inflation Rate YoY news events there is a 71.43% chance of this. We expect this to happen because the released value is < 3.3%. A price movement of 146 pips is expected. Historical events that allowed us to draw this conclusion
10 Aug 12:30 |
12 Apr 12:30 |
13 Dec 13:30 |
10 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).