Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect a 10 pip movement on EURUSD for the next 2 hours. We expect EURUSD to trend upwards for 2 hours because the released value is > 0.2%

Historical events that allowed us to draw this conclusion

15 Feb 10:50	16 Nov 10:50
18 May 09:50	09 Aug 09:50
10 Aug 09:50

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).