Based on the last 12 Inflation Rate YoY events in United States, we expect a $250 movement on GBPUSD within 2 hours following the event release at 11 Jul 12:30. We expect GBPUSD to trend upwards 2 hours following the event release at 11 Jul 12:30 if the released value is = 1.6%
Historical events that allowed us to draw this conclusion
12 Dec 13:30 |
14 Nov 13:30 |
12 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
