Based on past Euro Area GDP Growth Rate QoQ 2nd Est news events there is a 72.73% chance of GC trending upwards. We expect this to happen because the released value is = -3.8%. A price movement of 2,875 pips is expected.
Historical events that allowed us to draw this conclusion
14 Feb 10:00 |
14 Aug 09:00 |
14 Feb 10:00 |
14 Nov 10:00 |
14 Feb 10:00 |
14 Nov 10:00 |
16 Aug 09:00 |
16 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
