United Kingdom GDP Growth Rate QoQ Prel News Event – a possible $50 movement on NZDUSD

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ Prel events in United Kingdom, we expect a $50 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards for 2 hours because the released value is = 0.2%

Historical events that allowed us to draw this conclusion

09 Nov 09:30
10 Aug 09:30
26 Jul 09:30
28 Jan 09:30

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

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