Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect BP to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect BP to trend downwards for the next 4 hours because the released value is > -15.3%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
