France GDP Growth Rate QoQ 1st Est News Event – a $105.38 opportunity on USDJPY

We expect a $105.38 movement on USDJPY within 2 hours following the release of GDP Growth Rate QoQ 1st Est at 31 Jul 05:30. We expect USDJPY to trend upwards 2 hours following the event release at 31 Jul 05:30 if the released value is > -15.3%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

30 Oct 06:30
30 Jan 06:30
30 Jan 06:30