GBPUSD will trend down from 30 Apr 10:00

We expect GBPUSD to trend down later today. Based on these past IT GDP Growth Rate YoY Adv news events there is a 80.0% of this.
We expect this to happen if the released value is < 0.1%. A price movement of 20 pips is expected.Historical events that allowed us to draw this conclusion

31 Jan 10:00
 
30 Oct 09:00
 
31 Jul 10:00
 
14 Feb 09:00
 

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

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