Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a 41 pip movement on EURUSD within 12 hours following the event release at 2023-03-01 11:30. We expect EURUSD to trend upwards 12 hours following the event release at 2023-03-01 11:30 if the released value is < 0.8% Historical events that allowed us to draw this conclusion

07 Dec 11:30

07 Sep 11:30

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