Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $1,300 movement on AUDUSD within 48 hours following the event release at 29 Oct 19:00. We expect AUDUSD to trend downwards 48 hours following the event release at 29 Oct 19:00 if the released value is > 2%

Historical events that allowed us to draw this conclusion

30 Jul 18:00	30 Apr 18:00
31 Jul 18:00	30 Apr 20:00
31 Jul 20:00	30 Apr 20:00

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