Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect SB to trend downwards. Based on these past events there is a 70% chance of this. We expect SB to trend downwards for 2 hours because the released value is > 0.5%. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

29 Oct 08:00

30 Jul 08:00

30 Apr 08:00

02 Feb 09:00

30 Oct 09:00

31 Oct 11:00

31 Jul 10:00