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We expect S to trend upwards today with a 80% chance.

Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a 2387 pip movement on S within 48 hours following the event release at 2022-11-29 13:30. We expect S to trend upwards 48 hours following the event release at 2022-11-29 13:30 if the released value is > 0.4%

Historical events that allowed us to draw this conclusion

30 Nov 13:30
02 Mar 13:30
28 Aug 12:30
29 May 12:30

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

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Esperamos que el GBPUSD adopte hoy una tendencia upwards con un 80% de probabilidad.

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Support line breached by JPN225. This price has been tested at least twice before.

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