Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect DX to trend upwards later today. Based on these past events there is a 75% chance of this. We expect DX to trend upwards 4 hours following the event release at 22 Dec 07:00 if the released value is = 15.5%. A price movement of 40 pips is expected.
Historical events that allowed us to draw this conclusion
31 Mar 06:00 |
30 Sep 08:30 |
28 Jun 08:30 |
21 Dec 09:30 |
28 Sep 08:30 |
22 Dec 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
