Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $470 movement on GBPUSD within 4 hours following the event release at 2022-09-14 09:00. We expect GBPUSD to trend upwards 4 hours following the event release at 2022-09-14 09:00 if the released value is < 0.4% Historical events that allowed us to draw this conclusion
15 Mar 10:00 |
12 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
