DELKOS 75% probability that EURUSD will trend down on Friday 31 Jul at 09:00 AM GMT if the EMU GDP Growth Rate QoQ Flash number is less than -12%.

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This Friday 31 Jul at 09:00 AM GMT the latest EMU GDP Growth Rate QoQ Flash number will be released.
If the number is less than than economists’ consensus there is a 75% probability that EURUSD will trend down following the news event.

This probability is based on the last 12 EMU GDP Growth Rate QoQ Flash events, in which 2 of the last 4 events where the actual number was less than than the economist consensus resulted in an down trend of EURUSD.

Here are images of the past events:

Thursday 30 Apr at 09:00 AM GMT:

Tuesday 30 Oct at 10:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance