Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect a 540 pip movement on RTY for the next 12 hours. We expect RTY to trend upwards for 12 hours because the released value is > -15
Historical events that allowed us to draw this conclusion
20 Dec 00:01 |
26 Sep 23:01 |
30 Jul 23:01 |
29 Mar 00:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).