Upcoming volatility expected at 12 Feb 07:00

United Kingdom is releasing its GDP Growth Rate YoY Prel news event later today, and because of this we are expecting a large increase in volatility following the event release at 12 Feb 07:00. These are the instruments that may be affected:

The table below summarizes how the volatility of each instrument is expected to change during this news event.

Symbol Normal Movement Range Movement range during GB GDP Growth Rate YoY Prel
GBPUSD 37-65 pips 60-90 pips (38.62%)