Based on past United States GDP Growth Rate QoQ 2nd Est news events there is a 71.43% chance of GC trending upwards. We expect this to happen because the released value is < -0.8%. A price movement of 2304 pips is expected. Historical events that allowed us to draw this conclusion
26 May 12:30 |
24 Nov 13:30 |
26 Aug 12:30 |
27 May 12:30 |
28 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
