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We expect KC to trend upwards with a 80% chance.

Based on the last 12 GDP Growth Rate QoQ Final events in United States, KC could experience an upwards trend. Based on these past events there is a 80% chance of this, and the trend could last 4 hours because the released value is > 2.8%.

Historical events that allowed us to draw this conclusion

28 Mar 12:30
29 Jun 12:30
22 Dec 13:30
22 Dec 13:30

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

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We expect a 29 pip movement on GBPUSD for the next 12 hours.

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