14 pip movement on GBPUSD expected

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a 14 pip movement on GBPUSD for the next 4 hours. We expect GBPUSD to trend downwards for 4 hours because the released value is > 1.5%

Historical events that allowed us to draw this conclusion

02 Dec 11:30
04 Mar 11:30
05 Sep 11:30
06 Jun 11:30

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