Based on the last 12 GDP Growth Rate YoY Adv events in Italy, we expect a $110 movement on GBPUSD within 2 hours following the event release at 31 Jul 10:00. We expect GBPUSD to trend downwards 2 hours following the event release at 31 Jul 10:00 if the released value is < -0.2% Historical events that allowed us to draw this conclusion
30 Oct 09:00 |
31 Jul 10:00 |
14 Feb 09:00 |
12 Aug 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
