Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect AUDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards 48 hours following the event release at 16 Aug 09:50 if the released value is > 0.2%. A price movement of 103 pips is expected.

Historical events that allowed us to draw this conclusion

15 Feb 10:50	09 Aug 09:50
20 May 09:50	10 Aug 09:50

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