Based on past Italy GDP Growth Rate QoQ Adv news events there is a 77.78% chance of GC trending downwards. We expect this to happen because the released value is > 2%. A price movement of 3,365 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jul 08:00 |
30 Apr 08:00 |
02 Feb 09:00 |
31 Jul 08:00 |
30 Apr 10:00 |
31 Jul 10:00 |
30 Apr 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
