Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, we expect a 20 pip movement on EURUSD within 4 hours following the event release at 2024-11-15 07:00. We expect EURUSD to trend downwards 4 hours following the event release at 2024-11-15 07:00 if the released value is = 0.2%
Historical events that allowed us to draw this conclusion
15 Aug 06:00 |
12 May 06:00 |
10 Feb 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
