Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we may expect S to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is > 0.2%. A price movement of 17 pips may be experienced.
Historical events that allowed us to draw this conclusion
30 Jul 09:00 |
30 Jan 10:00 |
31 Jul 09:00 |
31 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
