Based on the last 12 GDP Growth Rate QoQ Final events in United States, a $320 movement could occur on GBPUSD within 12 hours following the event release at 29 Jun 22:30. We expect GBPUSD to trend downwards 12 hours following the event release at 29 Jun 22:30 if the released value is = -1.5%
Historical events that allowed us to draw this conclusion
25 Jun 22:30 |
21 Dec 00:30 |
26 Sep 22:30 |
27 Jun 22:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).