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Based on past United Kingdom GDP Growth Rate QoQ Final news events there is a 80% chance of NZDUSD trending upwards. We expect this to happen if the released value is = -2%. A price movement of 26 pips is expected.
Historical events that allowed us to draw this conclusion
30 Sep 18:30![]() |
28 Jun 18:30![]() |
29 Mar 20:30![]() |
28 Sep 18:30![]() |
29 Mar 19:30![]() |
22 Dec 20:30![]() |
29 Sep 18:30![]() |
30 Jun 18:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).