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We expect a $1650 movement on GBPUSD within 12 hours following the release of Ifo Business Climate.

Based on the last 12 Ifo Business Climate events in Germany, we expect a 165 pip movement on GBPUSD within 12 hours following the event release at 2022-12-19 09:00. We expect GBPUSD to trend upwards 12 hours following the event release at 2022-12-19 09:00 if the released value is > 87.4

Historical events that allowed us to draw this conclusion

24 Nov 09:00
25 Oct 08:00
23 May 08:00
22 Feb 09:00
25 Jan 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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D’après les évènements Allemagne Climat Des Affaires Ifo passés, il y a une probabilité de 71,43% que GBPUSD aille à la baisse

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