Based on past Japan GDP Growth Rate QoQ Prel news events there is a 80% chance of GBPUSD trending downwards. We expect this to happen because the released value is < -7.6%. A price movement of 44 pips is expected. Historical events that allowed us to draw this conclusion

17 Feb 10:50	14 Nov 10:50
14 Feb 10:50	16 May 09:50

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