49 pip movement on GBPUSD expected
Based on the last 12 Ifo Business Climate events in Germany, we expect a 49 pip movement on GBPUSD within 2 hours following the event release at 2023-04-24 18:00. We expect GBPUSD to trend upwards 2 hours following the event release at 2023-04-24 18:00 if the released value is < 94Historical events that allowed us to draw this conclusion22 Feb…