Upcoming volatility expected at 13 May 06:00

United Kingdom is releasing its GDP Growth Rate QoQ Prel news event later today, and because of this we are expecting a large increase in volatility following the event release at 13 May 06:00. These are the instruments that may be affected:

The table below summarizes how the volatility of each instrument is expected to change during this news event.

Symbol Normal Movement Range Movement range during GB GDP Growth Rate QoQ Prel
GBPUSD 37-65 pips 60-90 pips (38.62%)