Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, a $1,290 movement could occur on GBPUSD within 48 hours following the event release at 30 Jun 06:00. We expect GBPUSD to trend upwards 48 hours following the event release at 30 Jun 06:00 if the released value is > 0.8%
Historical events that allowed us to draw this conclusion
30 Sep 06:00 |
31 Mar 06:00 |
22 Dec 07:00 |
30 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
