Based on past Euro Area GDP Growth Rate QoQ Flash news events there is a 85.71% chance of GBPUSD trending upwards. We expect this to happen if the released value is = 0.2%. A price movement of 50 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jul 09:00

31 Jan 10:00

02 May 09:00

30 Jan 10:00

31 Oct 10:00

03 May 09:00