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We expect a $0 movement on 6A within 4 hours following the release of Markit Manufacturing PMI Flash.

We expect a $0 movement on 6A within 4 hours following the release of Markit Manufacturing PMI Flash at 21 May 07:30. We expect 6A to trend downwards 4 hours following the event release at 21 May 07:30 if the released value is > 39.2. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

24 Mar 08:30
24 Jan 08:30
22 Nov 08:30
22 Aug 07:30
21 Jun 07:30

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

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We expect a 0 pip movement on BP for the next 4 hours.

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