Trade with an edge around todays Italy GDP Growth Rate QoQ Adv news event

Based on past Italy GDP Growth Rate QoQ Adv news events there is a 71.43% chance of EURUSD trending upwards. We expect this to happen if the released value is > -0.5%. A price movement of 9 pips is expected.

Historical events that allowed us to draw this conclusion

30 Oct 09:00
30 Apr 10:00
31 Oct 11:00
31 Jul 10:00
30 Apr 10:00