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We expect a $437 movement on USDJPY within the next 2 hours.

Based on past United States GDP Growth Rate QoQ Final news events there is a 75% chance of USDJPY trending upwards. We expect this to happen because the released value is > 2.3%. A price movement of 66 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 13:30
29 Jun 12:30
22 Dec 13:30

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

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