We expect a $630 movement on GBPUSD within 4 hours following the release of GDP Growth Rate QoQ at 31 Aug 22:30. We expect GBPUSD to trend upwards 4 hours following the event release at 31 Aug 22:30 if the released value is < 0.6%. A price movement of 63 pips is expected. Historical events that allowed us to draw this conclusion

01 Jun 22:30	02 Dec 00:30
31 May 22:30

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