We expect NZDUSD to trend downwards for the next 48 hours.

Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect NZDUSD to trend downwards for the next 48 hours. Based on these past events there is a 88.89% chance of this. This will happen because the released value is = -0.2%

Historical events that allowed us to draw this conclusion

28 Jun 08:30

29 Mar 09:30

28 Sep 08:30

22 Dec 09:30

29 Sep 08:30

30 Jun 08:30

31 Mar 08:30

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