Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 27 Aug 12:30 if the released value is = -32.5%. A price movement of 8 pips is expected.

Historical events that allowed us to draw this conclusion

27 Feb 13:30

29 Aug 12:30

30 May 12:30

28 Nov 13:30

28 Feb 13:30