Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, USDJPY could trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < 0.3% Historical events that allowed us to draw this conclusion

31 Jul 19:00

30 Apr 19:00

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