Based on past United States GDP Growth Rate QoQ 2nd Est news events there is a 75% chance of GBPUSD trending downwards. We expect this to happen if the released value is < -0.3%. A price movement of 47 pips is expected. Historical events that allowed us to draw this conclusion
28 Feb 13:30 |
30 Aug 12:30 |
23 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
