Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, we could see a $558 movement on USDJPY within the next 12 hours. We may see USDJPY trend upwards for 12 hours because the released value is > -0.1%
Historical events that allowed us to draw this conclusion
11 Aug 06:00 |
12 Aug 06:00 |
12 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
