We expect a $110 movement on EURUSD within 2 hours following the release of GDP Growth Rate QoQ 1st Est at 30 Jul 05:30. We expect EURUSD to trend downwards 2 hours following the event release at 30 Jul 05:30 if the released value is > 0.8%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

30 Apr 05:30

30 Oct 06:30

31 Jul 05:30

30 Jan 06:30