We expect a $150 movement on GBPUSD within 2 hours following the release of GDP Growth Rate QoQ Final at 30 Sep 08:30. We expect GBPUSD to trend upwards 2 hours following the event release at 30 Sep 08:30 if the released value is > -0.2%. A price movement of 15 pips is expected.
Historical events that allowed us to draw this conclusion
29 Jun 08:30 |
30 Sep 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
