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On Event

15 pip movement on GBPUSD expected

We expect a $150 movement on GBPUSD within 2 hours following the release of GDP Growth Rate QoQ at 2023-09-06 01:30. We expect GBPUSD to trend downwards 2 hours following the event release at 2023-09-06 01:30 if the released value is > 0.3%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jun 01:30
02 Mar 00:30
04 Mar 00:30