Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect GC to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect GC to trend downwards 2 hours following the event release at 20 Dec 13:30 if the released value is = 2.1%. A price movement of 404 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jun 12:30 |
27 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
