Based on the last 12 Ifo Business Climate events in Germany, we expect a 47 pip movement on GBPUSD within 2 hours following the event release at 25 Jan 09:00 UTC. We expect GBPUSD to trend upwards 2 hours following the event release at 25 Jan 09:00 UTC if the released value is < 91.8 Historical events that allowed us to draw this conclusion

26 Oct 09:00

24 Sep 08:00

24 Apr 08:00

27 Jan 09:00