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We expect TN to trend upwards for the next 48 hours.

Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we could see a 13046 pip movement on TN for the next 48 hours. TN could trend upwards for 48 hours because the released value is > 0.3%

Historical events that allowed us to draw this conclusion

30 Jul 05:30
30 Apr 05:30
28 Jul 05:30
31 Jan 06:30
29 Jul 05:30
28 Jan 06:30
29 Oct 05:30

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

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