Based on past Japan GDP Growth Rate QoQ Prel news events there is a 66.67% chance of EURUSD trending upwards. We expect this to happen because the released value is < 0.6%. A price movement of 89 pips is expected. Historical events that allowed us to draw this conclusion

15 Feb 10:50	18 May 09:50
17 Aug 09:50	14 Nov 10:50

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