Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards 12 hours following the event release at 2025-01-30 10:00 if the released value is < 0.1%. A price movement of 113 pips is expected. Historical events that allowed us to draw this conclusion
28 Apr 09:00 |
29 Apr 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
