Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $250 movement on EURUSD within 48 hours following the event release at 31 Jul 18:00. We expect EURUSD to trend downwards 48 hours following the event release at 31 Jul 18:00 if the released value is > -15%

Historical events that allowed us to draw this conclusion

31 Jul 20:00

30 Apr 20:00

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