What to trade around United States GDP Growth Rate QoQ 2nd Est news event

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ 2nd Est events in United States, we expect AUDUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend upwards for the next 2 hours because the released value is > 2.4%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

29 Aug 13:30

29 Nov 13:30

26 May 13:30

29 Nov 13:30

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

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