Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect GF to trend downwards later today. Based on these past events there is a 75% chance of this. We expect GF to trend downwards 48 hours following the event release at 02 Feb 09:00 if the released value is < -2.2%. A price movement of 296 pips is expected. Historical events that allowed us to draw this conclusion
31 Jan 09:00 |
30 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
