Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $180 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend upwards for 2 hours because the released value is < -0.1% Historical events that allowed us to draw this conclusion

30 Jul 22:00

30 Sep 22:00

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