Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect EURUSD to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect EURUSD to trend downwards 48 hours following the event release at 2022-09-30 06:00 if the released value is > -0.1%. A price movement of 114 pips is expected.
Historical events that allowed us to draw this conclusion
31 Mar 06:00 |
30 Sep 06:00 |
22 Dec 07:00 |
30 Sep 06:00 |
20 Dec 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
