Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect SI to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect SI to trend upwards 48 hours following the event release at 30 Apr 05:30 if the released value is = -3.5%. A price movement of 23 pips is expected.
Historical events that allowed us to draw this conclusion
31 Oct 06:30 |
28 Jul 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
