Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect a $170 movement on GBPUSD within 4 hours following the event release at 30 Jul 18:00. We expect GBPUSD to trend downwards 4 hours following the event release at 30 Jul 18:00 if the released value is < -9% Historical events that allowed us to draw this conclusion

14 Feb 18:00	14 Feb 18:00
14 Nov 18:00	15 Aug 16:00

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