Based on past Japan Inflation Rate YoY news events there is a 83.33% chance of GBPUSD trending upwards. We expect this to happen if the released value is < 3.3%. A price movement of 76 pips is expected. Historical events that allowed us to draw this conclusion
19 Jun 23:30 |
22 May 23:30 |
17 Apr 23:30 |
17 Oct 23:30 |
22 Aug 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
