We expect NQ to trend upwards for the next 2 hours. Based on these past United Kingdom GDP Growth Rate QoQ Prel news events there is a 83.33% chance of this. We expect this to happen because the released value is > 0.4%. A price movement of 6087 pips is expected.
Historical events that allowed us to draw this conclusion
10 Nov 07:00 |
11 Aug 06:00 |
11 Nov 07:00 |
12 Aug 06:00 |
12 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
