GBP GDP QoQ - 19-09-09

Date Monday 9th September 2019
Time 08:30

GBP GDP QoQ is released during the European session. This is the final reading and therefore unlikely to deviation far from the forecast.

We have set the triggers at +/-0.1 as this is the largest deviation we will likely see.

The move is likely to be small. If a trade is triggered, we expect a spike of around 20 pips.

What happened last time?

GBP GDP QoQ – 19-08-09
Time 08:30
Forecast 0.0
Actual -0.2
Deviation -0.2
One minute spike 34 pips

Setting up procedure

Main Event GBP GDP QoQ
Market GBP/USD
Deviation +/-0.1
Prior -0.2
Forecast -0.1
Triggers Buy >-0.1
Sell <-0.1

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