We expect a $130 movement on EURUSD within 2 hours following the release of GDP Growth Rate QoQ 2nd Est at 26 Aug 12:30. We expect EURUSD to trend downwards 2 hours following the event release at 26 Aug 12:30 if the released value is = 6.7%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
29 Aug 12:30 |
30 May 12:30 |
28 Nov 13:30 |