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 12 May 06:00:
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%) |