Date: Friday 10th May 2019
The preliminary estimate of GBP GDP QoQ is released during the European session. This is the most volatile of the two releases.
This event rarely deviates from the forecast and therefore we look to trade with any deviation. If a trade is triggered, expect a spike of around 20 pips.
What happened last time?
One minute spike: 7 pips
Setting up procedure
Our market of choice: GBP/USD
GBP GDP QoQ
As always, make sure you set the auto-click locations, and we advise hitting load on News Trader Pro 60 seconds before the scheduled release time. Good luck!