Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect a 37 pip movement on GBPUSD within 2 hours following the event release at 15 May 08:00 UTC. We expect GBPUSD to trend upwards 2 hours following the event release at 15 May 08:00 UTC if the released value is = -2.2%

Historical events that allowed us to draw this conclusion

14 Aug 06:00

15 May 06:00

14 Aug 06:00

14 Nov 07:00