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

Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards 4 hours following the event release at 30 Sep 22:30 if the released value is > 6.6%. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

25 Mar 23:30
23 Dec 00:30

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