| Date | Friday 31st July 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 – 20-06-30 | |
| Time | 12:30 |
| Forecast | -13.0 |
| Actual | -11.6 |
| Deviation | +1.4 |
| One minute spike | 6 pips |
How we setup
| Main Event | CAD GDP MoM |
| Market | USD/CAD |
| Deviation | +/-0.3 |
| Prior | -11.6 |
| Forecast | 3.5 |
| Triggers |
Buy <3.3 Sell >3.7 |