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We expect a $0 movement on 6C within 12 hours following the release of GDP Growth Rate QoQ.

We expect a $0 movement on 6C within 12 hours following the release of GDP Growth Rate QoQ at 28 Nov 06:45. We expect 6C to trend upwards 12 hours following the event release at 28 Nov 06:45 if the released value is < 0.2%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

28 Feb 06:45
29 Nov 06:45
05 Sep 05:45
02 Dec 06:45

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

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We expect USDCAD to trend upwards today with a 66.67% chance.

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GBP/JPY Target Level: 140.0200

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