Based on the last 12 Retail Sales MoM events in United States, we expect GC to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect GC to trend downwards 4 hours following the event release at 2025-01-16 13:30 if the released value is > 0.6%. A price movement of 190 pips is expected.
Historical events that allowed us to draw this conclusion
15 Nov 13:30 |
17 Sep 12:30 |
15 Aug 12:30 |
15 Apr 12:30 |
17 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
