Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect GBPUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 2%
Historical events that allowed us to draw this conclusion
30 Apr 12:00 |
06 Jan 13:00 |
30 Oct 13:00 |
30 Jul 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
