Based on the last 12 Inflation Rate YoY events in Japan, we could see a $760 movement on GBPUSD within the next 12 hours. We may see GBPUSD trend upwards for 12 hours because the released value is < 3.6% Historical events that allowed us to draw this conclusion
22 May 23:30 |
17 Apr 23:30 |
17 Oct 23:30 |
22 Aug 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
