We expect a 39 pip movement on AUDUSD within 4 hours following the event release.

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a 39 pip movement on AUDUSD within 4 hours following the event release at 02 Dec 00:30 GMT. We expect AUDUSD to trend downwards 4 hours following the event release at 02 Dec 00:30 GMT if the released value is < 2.6%Historical events that allowed us to draw this conclusion

04 Dec 00:30
05 Jun 01:30
06 Mar 00:30
05 Dec 00:30
06 Dec 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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