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Based on past United Kingdom GDP Growth Rate QoQ Prel news events there is a 75% chance of AUDUSD trending downwards. We expect this to happen if the released value is > -0.2%. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
12 May 16:00![]() |
12 Aug 16:00![]() |
13 May 16:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).