We expect a $210 movement on GBPUSD within 4 hours following the release of Industrial Production YoY at 15 Feb 21:00. We expect GBPUSD to trend downwards 4 hours following the event release at 15 Feb 21:00 if the released value is < -0.3%. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

12 Nov 21:00	12 Aug 19:00
14 Jul 19:00	12 Feb 21:00

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