Possible 20 pip movement on NZDUSD

Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, we may see a 20 pip movement on NZDUSD within 2 hours following the event release at 12 May 16:00 GMT+10. NZDUSD may trend upwards 2 hours following the event release at 12 May 16:00 GMT+10 if the released value is < 1% Historical events that allowed us to draw this conclusion

11 Feb 18:00
11 Nov 18:00
12 Nov 18:00
09 Aug 18:30

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