20 pip movement on AUDUSD expected

Based on past Australia GDP Growth Rate QoQ news events there is a 66.67% chance of AUDUSD trending downwards. We expect this to happen if the released value is < 0.7%. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

02 Sep 11:30
04 Dec 11:30

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