ZN may trend upwards for the next 48 hours. Based on these past United Kingdom GDP Growth Rate QoQ Prel news events there is a 80% chance of this. Our expectation is based on that fact that the released value is < 1%. A price movement of 45 pips could be expected. Historical events that allowed us to draw this conclusion
11 Feb 07:00 |
11 Nov 07:00 |
12 Nov 07:00 |
11 Nov 09:30 |
09 Aug 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
