Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we may see a 0 pip movement on 6J within 2 hours following the event release at 17 May 23:50 UTC. 6J may trend upwards 2 hours following the event release at 17 May 23:50 UTC if the released value is > -0.4%

Historical events that allowed us to draw this conclusion

15 Aug 23:50

14 Feb 23:50

15 Nov 23:50

17 May 23:50