Based on the last 12 Retail Sales MoM events in United Kingdom, we expect OJ to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect OJ to trend downwards 2 hours following the event release at 2025-05-23 06:00 if the released value is > 0.2%. A price movement of 140 pips is expected.
Historical events that allowed us to draw this conclusion
25 Apr 06:00 |
28 Mar 07:00 |
21 Feb 07:00 |
18 Oct 06:00 |
21 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
