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We expect DX to trend upwards today.

Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect DX to trend upwards later today. Based on these past events there is a 75% chance of this. We expect DX to trend upwards 4 hours following the event release at 22 Dec 07:00 if the released value is = 15.5%. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

31 Mar 06:00
30 Sep 08:30
28 Jun 08:30
21 Dec 09:30
28 Sep 08:30
22 Dec 09:30

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

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