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Based on the last 12 Inflation Rate YoY Prel events in Germany, GBPUSD may trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 7.6%
Historical events that allowed us to draw this conclusion
28 Apr 22:00 |
01 Feb 00:00 |
30 Nov 00:00 |
28 Oct 23:00 |
29 Jul 22:00 |
31 May 22:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).