Based on past United States GDP Growth Rate QoQ 2nd Est news events there is a 85.71% chance of BO trending downwards. We expect this to happen if the released value is > 3.1%. A price movement of 703 pips is expected.
Historical events that allowed us to draw this conclusion
29 May 12:30 |
29 Aug 12:30 |
29 Nov 13:30 |
25 May 12:30 |
30 Nov 13:30 |
25 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
