Based on past United States GDP Growth Rate QoQ Final news events there is a 80% chance of GC trending upwards. We expect this to happen if the released value is > 7.1%. A price movement of 2,975 pips is expected.
Historical events that allowed us to draw this conclusion
22 Dec 13:30 |
30 Sep 12:30 |
25 Mar 12:30 |
30 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
