Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect a $110 movement on EURUSD within 2 hours following the event release at 28 Jan 20:00. We expect EURUSD to trend upwards 2 hours following the event release at 28 Jan 20:00 if the released value is = -0.3%

Historical events that allowed us to draw this conclusion

14 Aug 16:00

15 May 16:00

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