United Kingdom GDP Growth Rate QoQ Prel News Event – a possible $471.95 movement on USDCHF

Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, a $471.95 movement on USDCHF may occur within 48 hours following the event release at 12 May 16:00. USDCHF could trend downwards 48 hours following the event release at 12 May 16:00 if the released value is < 1% Historical events that allowed us to draw this conclusion

11 Feb 18:00
12 Nov 18:00
11 Nov 20:30
09 Aug 18:30

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