Based on past United States GDP Price Index QoQ 2nd Est news events there is a 71.43% chance of GBPUSD trending downwards. We expect this to happen if the released value is < 2.4%. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion
30 May 12:30 |
30 May 12:30 |
28 Feb 13:30 |
28 Feb 13:30 |
27 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).