CAD GDP MoM - 20-08-28

Date Friday 28th August 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 – 20-07-31
Time 12:30
Forecast 3.5
Actual 4.5
Deviation +1
One minute spike 11 pips

How we setup

Main Event CAD GDP MoM
Market USD/CAD
Deviation +/-0.5
Prior 4.5
Forecast 5.6
Triggers Buy <5.2
Sell >6

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