We expect a $133.092 movement on USDCAD within the next 4 hours. We expect USDCAD to trend downwards 4 hours following the GDP Growth Rate YoY Final events in United Kingdom release because the released value is = 1.5%. A price movement of 18 pips is expected.
Historical events that allowed us to draw this conclusion
29 Mar 09:30 |
30 Jun 09:30 |
30 Jun 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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