GB GDP - 3rd reading


Fx News Spike Signals by Crazy Cat, 2018/06/29

Release Time: 04:30 New York time (EST)
Primary currency pair: GBP/USD
Forecast: 0.1
Prior: 0.1
LT1 (Lower Trigger 1): -0.1 [SELL]
UT1 (Upper Trigger 1): +0.1 [BUY]

If GB GDP (Q/Q) comes out at 0.0 or less ( -0.1 trigger), GBP/USD should go down by about 15 pips. If it comes out at 0.2% or higher (+0.1 trigger), GBP/USD should go up by 15 pips or so.

There are 36 estimates. Median estimate is 0.1 and the average estimate is 0.12%. 31 economists expect it to come out at 0.1%, four economists at 0.2% and one economist expects at 0.4%. One standard deviation is 0.06%.

This is the third version (release), and usually we don't see big surprises for this release.

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