Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect GBPUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards for the next 2 hours because the released value is > -2.6%. A price movement of 38 pips is expected.

Historical events that allowed us to draw this conclusion

29 Nov 13:30

30 Aug 12:30

31 Aug 12:30

31 May 12:30