Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect a 13 pip movement on GBPUSD within 4 hours following the event release at 2023-04-28 09:00. We expect GBPUSD to trend downwards 4 hours following the event release at 2023-04-28 09:00 if the released value is < 0.2% Historical events that allowed us to draw this conclusion
29 Apr 09:00 |
31 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
