We expect a $170 movement on EURUSD within 4 hours following the release of GDP Growth Rate QoQ Final at 30 Sep 22:30. We expect EURUSD to trend downwards 4 hours following the event release at 30 Sep 22:30 if the released value is = 6.6%. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jun 22:30	21 Dec 00:30
26 Sep 22:30	27 Jun 22:30
27 Sep 22:30

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