United States Michigan Consumer Sentiment Prel News Event – a possible $1,930 opportunity on GBPUSD

If the released value is < 64 for the Michigan Consumer Sentiment Prel event, we could see a $1,930 movement on GBPUSD within 48 hours following the release at 14 May 00:00. This movement may form an downwards trend for 48 hours following the event release at 14 May 00:00. Historical events that allowed us to draw this conclusion

12 Mar 02:00
12 Feb 02:00
15 Jan 02:00
18 Sep 00:00
14 Aug 00:00
17 Jul 00:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).