Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 87 pip movement on GBPUSD within 12 hours following the event release at 2022-09-14 19:00. We expect GBPUSD to trend upwards 12 hours following the event release at 2022-09-14 19:00 if the released value is < 0.4% Historical events that allowed us to draw this conclusion

15 Jun 19:00

12 Jan 21:00

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