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We expect a $52301 movement on RTY within 48 hours following the event release at 2022-08-12 06:00.

Based on past United Kingdom GDP Growth Rate QoQ Prel news events there is a 75% chance of RTY trending downwards. We expect this to happen if the released value is > -0.2%. A price movement of 2640 pips is expected.

Historical events that allowed us to draw this conclusion

12 May 06:00
12 Aug 06:00
13 May 06:00

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

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