We expect C to trend upwards later today. 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 if the released value is > 2.7%. A price movement of 362 pips is expected.
Historical events that allowed us to draw this conclusion
27 Aug 12:30 |
27 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
