Based on past United States GDP Growth Rate QoQ Final news events there is a 80% chance of GBPUSD trending downwards. We expect this to happen because the released value is = -0.6%. A price movement of 100 pips is expected.
Historical events that allowed us to draw this conclusion
24 Jun 12:30 |
25 Jun 12:30 |
20 Dec 13:30 |
26 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
