We expect a $158 movement on USDJPY within the next 4 hours. We expect USDJPY to trend upwards 4 hours following the GDP Growth Rate QoQ Final events in United Kingdom release because the released value is = -0.1%. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
31 Mar 17:00 |
30 Sep 18:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).