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We expect a $150 movement on GBPUSD within 2 hours following the release of GDP Growth Rate QoQ Final.

We expect a $150 movement on GBPUSD within 2 hours following the release of GDP Growth Rate QoQ Final at 30 Sep 08:30. We expect GBPUSD to trend upwards 2 hours following the event release at 30 Sep 08:30 if the released value is > -0.2%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

29 Jun 08:30
30 Sep 08:30

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

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Important resistance line being approached by UK100. This price has been tested numerous time in the last 7 days

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We expect a $140 movement on NZDUSD within 4 hours following the event release at 30 Sep 08:30.

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