Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect GI to trend downwards right now. Based on these past events there is a 75% chance of this. We expect GI to trend downwards for the next 48 hours because the released value is = 2.1%. A price movement of 935 pips is expected.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
