Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 0.3% Historical events that allowed us to draw this conclusion
29 Nov 13:30 |
31 May 12:30 |
29 Feb 13:30 |
28 Feb 13:30 |
31 Aug 12:30 |
31 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
