We expect a $13134 movement on GC within 2 hours following the release of Michigan Consumer Sentiment Prel at 2023-01-13 15:00. We expect GC to trend upwards 2 hours following the event release at 2023-01-13 15:00 if the released value is > 60.5. A price movement of 700 pips is expected.
Historical events that allowed us to draw this conclusion
09 Dec 15:00 |
12 Aug 14:00 |
15 Jul 14:00 |
14 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
