We expect a $75,085.355 movement on GC within 12 hours following the release of Housing Starts at 17 Mar 12:30. We expect GC to trend downwards 12 hours following the event release at 17 Mar 12:30 if the released value is < 1.69M. A price movement of 3,865 pips is expected. Historical events that allowed us to draw this conclusion
17 Feb 13:30 |
19 Oct 12:30 |
18 Aug 12:30 |
16 Jun 12:30 |
18 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
