Based on the last 12 Inflation Rate YoY Prel events in Germany, a $400 movement on GBPUSD may occur within 4 hours following the event release at 28 Apr 22:00. GBPUSD could trend upwards 4 hours following the event release at 28 Apr 22:00 if the released value is > 7.2%

Historical events that allowed us to draw this conclusion

01 Feb 00:00	30 Nov 00:00
28 Oct 23:00	29 Jul 22:00
31 May 22:00	29 Apr 22:00

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