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[b]DEVIATION: 0.3% (BUY GBP 1.0% / SELL GBP 0.4%)
Since this is the first release of the second quarter GDP for 2015 (Q2 2015), we´re likely to get a huge reaction if we get a surprise today, as most first releases are what the market looks to. Considering the recent positive trend in the economic data, we may get a strong surprise release today.
[/b]Our surprise factor is around 0.3% as we´ll look to possibly SELL GBP at 0.4% or worse, and BUY GBP at 1.0% or better.Historically, if there is a 80% of chance that our S. Factor hits, the market will move up to 50~70 pips within the hour as GDP is a very high impact report.
Since this is the first release of the second quarter GDP for 2015 (Q2 2015), we´re likely to get a huge reaction if we get a surprise today, as most first releases are what the market looks to. Considering the recent positive trend in the economic data, we may get a strong surprise release today.
[/b]Our surprise factor is around 0.3% as we´ll look to possibly SELL GBP at 0.4% or worse, and BUY GBP at 1.0% or better.Historically, if there is a 80% of chance that our S. Factor hits, the market will move up to 50~70 pips within the hour as GDP is a very high impact report.