Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 31 Jul 09:00 if the released value is < -12%. A price movement of 34 pips is expected. Historical events that allowed us to draw this conclusion

30 Oct 10:00