United Kingdom GDP Growth Rate QoQ Final News Event – a possible $260 movement on NZDUSD

Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect a $260 movement on NZDUSD within 12 hours following the event release at 31 Mar 17:00. We expect NZDUSD to trend upwards 12 hours following the event release at 31 Mar 17:00 if the released value is = 1%

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

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