What to trade around United Kingdom GDP Growth Rate QoQ Final news event

Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect NZDUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect NZDUSD to trend upwards 4 hours following the event release at 30 Jun 16:00 if the released value is = -1.5%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 18:30
28 Jun 18:30
29 Mar 20:30
21 Dec 20:30
28 Sep 18:30

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