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We expect UB to trend downwards right now.

We expect UB to trend downwards for the next 48 hours. Based on these past France GDP Growth Rate QoQ 1st Est news events there is a 75% chance of this. We expect this to happen because the released value is < 0.2%. A price movement of 81 pips is expected. Historical events that allowed us to draw this conclusion

30 Apr 05:30
31 Jan 06:30
30 Jul 05:30

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

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We expect NZDUSD to trend downwards for the next 12 hours.

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We expect a $4459 movement on C within 2 hours following the event release at 2022-07-29 05:00.

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