US GDP Growth Rate QoQ Adv News Event – a $160 opportunity on
We expect a $160 movement on EURUSD within 2 hours following the release of GDP Growth Rate QoQ Adv at 11 Feb 13:30.
We expect EURUSD to trend up 2 hours following the event release at 11 Feb 13:30 if the released value is > 2.6%. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
|26 Oct 12:30
|27 Apr 12:30
|28 Oct 12:30
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)