Volatility alert for 11 Feb 09:30

Due to the United Kingdom GDP Growth Rate YoY Prel news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 11 Feb 09:30:

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%)