CAD GDP MoM - 20-06-30

Date Tuesday 30th June 2020
Time 12:30

CAD GDP MoM is released prior to the US session. Historically we have seen a good spike with any deviation from the forecast and follow through usually occurs quickly.

If a trade is triggered, expect a spike in excess of 50 pips.

What happened last time?

CAD GDP MoM – 20-05-29
Time 12:30
Forecast -9.0
Actual -7.2
Deviation +1.8
One minute spike 16 pips

How we setup

Main Event CAD GDP MoM
Market USD/CAD
Deviation +/-0.3
Prior -7.2
Forecast -13.0
Triggers Buy <-13.2
Sell >-12.8

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