Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect EURUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 22 Dec 07:00 if the released value is = 15.5%. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
31 Mar 06:00 |
30 Sep 08:30 |
28 Jun 08:30 |
28 Sep 08:30 |
29 Mar 08:30 |
22 Dec 09:30 |