We expect a $1100 movement on GBPUSD within 12 hours following the release of GDP Growth Rate QoQ Prel at 2023-02-14 10:50. We expect GBPUSD to trend upwards 12 hours following the event release at 2023-02-14 10:50 if the released value is < 0.5%. A price movement of 110 pips is expected. Historical events that allowed us to draw this conclusion

15 Nov 10:50	15 Feb 10:50
15 Nov 10:50	18 May 09:50
17 Aug 09:50

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