Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect USDJPY to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < 0.1% Historical events that allowed us to draw this conclusion

30 Apr 15:30	30 Jul 15:30
30 Oct 17:30	27 Apr 15:30

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