United Kingdom GDP Growth Rate QoQ Final News Event – a possible $160 movement on NZDUSD

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ Final events in United Kingdom, we expect a $160 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend upwards for 12 hours because the released value is = 0.2%

Historical events that allowed us to draw this conclusion

28 Sep 09:30
29 Mar 09:30
22 Dec 09:30
29 Sep 09:30
30 Jun 09:30
31 Mar 09:30
30 Jun 09:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).