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We expect GBPUSD to trend upwards with a 66.67% chance.

We expect GBPUSD to trend upwards for the next 12 hours. Based on these past Japan GDP Growth Rate QoQ Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is < 0.6%. A price movement of 60 pips is expected. Historical events that allowed us to draw this conclusion

14 Feb 23:50
14 Nov 23:50
17 May 23:50
16 Aug 23:50

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

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E-mini S&P 500 SEPTEMBER 2022 experienced a very large 30 days bullish move to 4216.0

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We expect a 140 pip movement on UB within 12 hours following the event release.

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