Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect a 90 pip movement on GBPUSD within 48 hours following the event release at 2022-10-28 08:00. We expect GBPUSD to trend upwards 48 hours following the event release at 2022-10-28 08:00 if the released value is > -0.2%
Historical events that allowed us to draw this conclusion
29 Jan 09:00 |
30 Oct 09:00 |
14 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
