Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend upwards 4 hours following the event release at 2022-12-22 13:30 if the released value is > 2.9%. A price movement of 94 pips is expected.
Historical events that allowed us to draw this conclusion
22 Dec 13:30 |
30 Sep 12:30 |
25 Mar 12:30 |
30 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
