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There is a 80% chance of GC trending upwards

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”).

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