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We expect BO to trend downwards today with a 66.67% chance.

Based on the last 12 GDP Growth Rate Annualized events in Canada, we expect BO to trend downwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is < 3% Historical events that allowed us to draw this conclusion

31 May 12:30
01 Mar 13:30
31 May 12:30
02 Mar 13:30

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

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Important price line breached by AUD/USD. This price has been tested numerous times before.

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We expect a 0 pip movement on BR within 2 hours following the event release.

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