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We expect GBPUSD to trend downwards with a 71.43% chance.

Based on past Euro Area GDP Growth Rate QoQ Flash news events there is a 71.43% chance of GBPUSD trending downwards. We expect this to happen because the released value is > 0.2%. A price movement of 46 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jan 10:00
29 Jul 09:00

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

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Esperamos un movimiento en $349 del ZB dentro de 48 después del evento publicado a las 2023-07-31 09:00.

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We expect ES to trend upwards today with a 71.43% chance.

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