Trade with an edge around todays Euro Area GDP Growth Rate YoY Flash news event

Past performance is not an indicator of future results.
Based on past Euro Area GDP Growth Rate YoY Flash news events there is a 83.33% chance of USDJPY trending upwards. We expect this to happen because the released value is = 1.2%. A price movement of 28 pips is expected.

Historical events that allowed us to draw this conclusion

02 May 10:00
30 Jan 10:00
01 Aug 10:00
03 May 10:00
12 Feb 10:00

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