We expect a $1124 movement on GF within the next 4 hours. We expect GF to trend upwards 4 hours following the Ivey PMI s.a events in Canada release because the released value is > 55.2. A price movement of 654 pips is expected.
Historical events that allowed us to draw this conclusion
08 Jul 14:00 |
05 Jun 14:00 |
06 Mar 15:00 |
04 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
