Based on past United Kingdom Retail Sales MoM news events there is a 83.33% chance of ZB trending upwards. We expect this to happen if the released value is > 1.2%. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
23 May 06:00 |
25 Apr 06:00 |
28 Mar 07:00 |
21 Feb 07:00 |
18 Oct 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
