Based on the last 12 Inflation Rate YoY events in United States, we expect a 32 pip movement on GBPUSD within 12 hours following the event release at 12 Sep 12:30 UTC. We expect GBPUSD to trend upwards 12 hours following the event release at 12 Sep 12:30 UTC if the released value is = 1.8%
Historical events that allowed us to draw this conclusion
11 Jan 13:30 |
12 Dec 13:30 |
14 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
