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We expect a $18,191.55 movement on PL within the next 48 hours.

We expect a $18,191.55 movement on PL within the next 48 hours. We expect PL to trend upwards 48 hours following the GDP Growth Rate QoQ Final events in United Kingdom release because the released value is = -0.2%. A price movement of 1,950 pips is expected.

Historical events that allowed us to draw this conclusion

28 Jun 08:30
29 Mar 09:30
21 Dec 09:30
28 Sep 08:30
22 Dec 09:30
31 Mar 08:30

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

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We expect NZDUSD to trend downwards for the next 48 hours.

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