Based on the last 12 Inflation Rate YoY Prel events in France, we could see a 280 pip movement on GBPUSD for the next 48 hours. GBPUSD could trend downwards for 48 hours because the released value is < 0.9% Historical events that allowed us to draw this conclusion
28 Mar 07:45 |
31 Jan 07:45 |
07 Jan 07:45 |
29 Nov 07:45 |
27 Sep 06:45 |
31 Jul 06:45 |
28 Jun 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
