Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a 32 pip movement on EURUSD within 4 hours following the event release at 02 Dec 00:30 GMT+11. We expect EURUSD to trend upwards 4 hours following the event release at 02 Dec 00:30 GMT+11 if the released value is = 10%

Historical events that allowed us to draw this conclusion

29 Feb 00:30

02 Dec 00:30

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