DELKOS 80% probability that GBPUSD will trend up on Friday 30 Oct at 10:00 AM GMT if the EMU GDP Growth Rate QoQ Flash number is less than 9.4%.

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This Friday 30 Oct at 10:00 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 80% probability that GBPUSD will trend up following the news event.

This probability is based on the last 12 EMU GDP Growth Rate QoQ Flash events, in which 4 of the last 5 events where the actual number was less than than the economist consensus resulted in an up trend of GBPUSD.

Here are images of the past events:

Friday 31 Jul at 09:00 AM GMT:

Thursday 30 Apr at 09:00 AM GMT:

Friday 31 Jan at 10:00 AM GMT:

Tuesday 31 Jul at 09:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance