Based on the last 12 GDP Growth Rate YoY Final events in United Kingdom, we expect a $140 movement on NZDUSD within 4 hours following the event release at 30 Sep 08:30. We expect NZDUSD to trend upwards 4 hours following the event release at 30 Sep 08:30 if the released value is = 1.2%
Historical events that allowed us to draw this conclusion
28 Jun 08:30 |
21 Dec 09:30 |
29 Mar 08:30 |
30 Jun 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
