Based on the last 12 Inflation Rate YoY events in Japan, we could see a $110 movement on GBPUSD within the next 2 hours. We may see GBPUSD trend downwards for 2 hours because the released value is < 3.3% Historical events that allowed us to draw this conclusion
22 Jun 23:30 |
22 Dec 23:30 |
20 Oct 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
