Based on the last 12 Inflation Rate YoY events in Japan, we could see a $800 movement on GBPUSD within the next 48 hours. We may see GBPUSD trend downwards for 48 hours because the released value is = 2.8%
Historical events that allowed us to draw this conclusion
18 Apr 23:30 |
18 Jan 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
