Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $1060 movement on GBPUSD within 4 hours following the event release at 2023-09-28 12:00. We expect GBPUSD to trend upwards 4 hours following the event release at 2023-09-28 12:00 if the released value is < 4.6% Historical events that allowed us to draw this conclusion
31 May 12:00 |
28 Apr 12:00 |
09 Feb 07:00 |
03 Jan 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
