We expect EURUSD to trend upwards for the next 48 hours. Based on these past United States GDP Growth Rate QoQ 2nd Est news events there is a 66.67% chance of this. We expect this to happen because the released value is = -0.8%. A price movement of 140 pips is expected.
Historical events that allowed us to draw this conclusion
24 Feb 13:30 |
27 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
