We expect a $110 movement on AUDUSD within 2 hours following the release of GDP Growth Rate QoQ Flash at 15 May 08:00. We expect AUDUSD to trend downwards 2 hours following the event release at 15 May 08:00 if the released value is = -2.2%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

14 Aug 06:00

15 May 06:00

14 Feb 07:00

14 Nov 07:00