Based on past United Kingdom GDP Growth Rate QoQ Final news events there is a 70% chance of ES trending upwards. We expect this to happen if the released value is = -2%. A price movement of 2,725 pips is expected.
Historical events that allowed us to draw this conclusion
30 Sep 08:30 |
28 Jun 08:30 |
29 Mar 09:30 |
28 Sep 08:30 |
29 Mar 08:30 |
29 Sep 08:30 |
30 Jun 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
