Trade with an edge around todays United Kingdom GDP Growth Rate QoQ Final news event

Based on past United Kingdom GDP Growth Rate QoQ Final news events there is a 80% chance of USDCAD trending downwards. We expect this to happen if the released value is > 1%. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 06:00
31 Mar 06:00
22 Dec 07:00
20 Dec 09:30