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IT GDP Growth Rate QoQ Adv News Event – a $110 opportunity on EURUSD

IT GDP Growth Rate QoQ Adv News Event – a $110 opportunity on EURUSD

We expect a $110 movement on EURUSD within the next 2 hours.
We expect EURUSD to trend up 2 hours following the GDP Growth Rate QoQ Adv events in IT release because the released value is < 0.1%. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion

12 Aug 08:00
 
12 Feb 09:00
 
13 Nov 09:00
 

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

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