Based on the last 12 Inflation Rate YoY Prel events in France, we expect GBPUSD to trend downwards later today. Based on these past events there is a 77.78% chance of this. We expect GBPUSD to trend downwards 48 hours following the event release at 2025-03-28 07:45 if the released value is < 1.0%. A price movement of 280 pips is expected. Historical events that allowed us to draw this conclusion
31 Jan 07:45 |
07 Jan 07:45 |
29 Nov 07:45 |
27 Sep 06:45 |
31 Jul 06:45 |
28 Jun 06:45 |
29 Mar 07:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
