Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect SI to trend downwards later today. Based on these past events there is a 75% chance of this. We expect SI to trend downwards 4 hours following the event release at 20 Dec 13:30 if the released value is < 2.1%. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion
28 Mar 12:30 |
21 Dec 13:30 |
28 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
