We expect GBPUSD to trend downwards for the next 48 hours.

Based on the last 12 Inflation Rate YoY Prel events in France, we could see a 280 pip movement on GBPUSD for the next 48 hours. GBPUSD could trend downwards for 48 hours because the released value is < 0.9% Historical events that allowed us to draw this conclusion

28 Mar 07:45
31 Jan 07:45
07 Jan 07:45
29 Nov 07:45
27 Sep 06:45
31 Jul 06:45
28 Jun 06:45

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

Total
0
Shares
Previous Post

Big movement possible on GBPJPY after a breach of 194.0700

Next Post

We expect a 30 pip movement on NKD for the next 2 hours.

Related Posts