Based on the last 12 Inflation Rate YoY Prel events in Germany, GBPUSD may trend upwards for the next 2 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is < 2.6% Historical events that allowed us to draw this conclusion
31 Jan 13:00 |
29 Nov 13:00 |
31 May 12:00 |
28 Apr 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).