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There is a 66.67% chance of NZDUSD trending downwards

Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, we could see NZDUSD trend downwards right now. Based on historical events there is a 66.67% chance of this. This may happen because the released value is < -0.1% Historical events that allowed us to draw this conclusion

12 May 06:00
11 Nov 07:00
12 Nov 07:00

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

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We expect a $442548 movement on NQ within 2 hours following the release of GDP Growth Rate QoQ Prel.

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