Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect a 2,600 pip movement on C within 12 hours following the event release at 29 Oct 05:30 UTC. We expect C to trend upwards 12 hours following the event release at 29 Oct 05:30 UTC if the released value is > 2.1%
Historical events that allowed us to draw this conclusion
30 Apr 05:30 |
29 Jan 06:30 |
30 Oct 06:30 |
30 Oct 06:30 |
30 Jan 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
