Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect GBPUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 2023-03-31 17:00 if the released value is > 0%. A price movement of 34 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 16:00	31 Mar 17:00
30 Sep 16:00	31 Mar 17:00
22 Dec 18:00

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