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Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a 114 pip movement on GBPUSD within 12 hours following the event release at 2023-04-28 08:00. We expect GBPUSD to trend downwards 12 hours following the event release at 2023-04-28 08:00 if the released value is > 0.2%
Historical events that allowed us to draw this conclusion
| 31 Jan 10:00 |
| 31 Oct 09:00 |
| 29 Jul 08:00 |
| 31 Jan 10:00 |
| 29 Oct 08:00 |
| 30 Jul 08:00 |
| 30 Apr 08:00 |
| 02 Feb 09:00 |
| 31 Jul 08:00 |
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