What to trade around Euro Area GDP Growth Rate QoQ Flash news event
Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 31 Jul 09:00 if the released value is < -12%. A price movement…