On Friday, June 25th at 08:30 am New York Time we will have US Annualized GDP coming out. This is the third reading so it does not move as much as it was the first reading. In any case, it is expected to read 3.0. Last time it read 3.0 as well.
Please read what this indicator means and how it affects the USD/JPY by going to this link: US GDP Annualized
The trigger for this indicator is 0.6. This means that if US Annualized GDP comes out at 3.6 or higher, USD/JPY will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at 2.4 or lower, USD/JPY will probably go down by 30 pips or more in the first 45 minutes of the report.
Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.
In addition to the Annualized GDP number, we will have Core PCE and GDP Deflator coming out. Both of them measure prices and thus are inflationary indicators. If they conflict, I recommend skipping the trade but most likely there will be no conflicts.
For example: on December 22nd, we had the third reading coming out. The annualized GDP came out at 2.2, versus an expectation of 2.8. USD/JPY went down by about 30 pips although it did not hit my trigger.
You can read more here : Forex Signals Every Day