Based on past United Kingdom GDP Growth Rate QoQ Prel news events there is a 66.67% chance of AUDUSD trending upwards. We expect this to happen because the released value is > 0.6%. A price movement of 26 pips is expected.
Historical events that allowed us to draw this conclusion
10 May 06:00 |
11 Aug 06:00 |
11 Nov 07:00 |
12 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
