Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect a 18 pip movement on EURUSD within 12 hours following the event release at 15 Nov 10:50 GMT+11. We expect EURUSD to trend downwards 12 hours following the event release at 15 Nov 10:50 GMT+11 if the released value is > -0.2%

Historical events that allowed us to draw this conclusion

16 Aug 09:50	16 Nov 10:50
18 May 09:50	20 May 09:50

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