US GDP Annualized (Q/Q) - F (3rd release)

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 2.3%
Prior: 2.6%
LT1 (Lower Trigger 1): -0.4 [SELL]
UT1 (Upper Trigger 1): +0.4 [BUY]
Safety: 2

If US GDP Annualized comes out at 1.9% or less ( -0.4 trigger), USD/JPY should go down by about 20 pips. If it comes out at 2.7 or higher ( +0.4 trigger), USD/JPY should go up by about 20 pips.

Based on 67 estimates, the median estimate is 2.3% and the average estimate is 2.29%. The highest estimate is +2.6% (seven estimates), then 2.5% (10 estimates), 2.4% (11 estimates), 2.3% (11 votes), 2.2% (10 votes), 2.1% (10 votes), 2.0% (three votes), 1.9% (two estimates) and finally 1.8% (three estimates). One standard deviation is 0.21%.

This is the last release out of the three versions of the US GDP. Usually, we don't see big surprises here but I don't see any harm to give it a try. Unfortunately, because this release happens only once every three months, there is not much data I can look at so it's hard to estimate the exact size of the spike.