We expect AUDUSD to trend upwards for the next 4 hours. Based on these past United Kingdom GDP Growth Rate QoQ Final news events there is a 75% chance of this. We expect this to happen because the released value is > 4.8%. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

31 Mar 17:00	30 Sep 16:00
20 Dec 20:30

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