We expect RTY to trend upwards later today. Based on these past United States GDP Growth Rate QoQ 2nd Est news events there is a 71.43% chance of this. We expect this to happen if the released value is < 2.4%. A price movement of 7545 pips is expected. Historical events that allowed us to draw this conclusion
26 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
