
Japan Inflation Rate YoY News Event – a possible $150 movement on GBPUSD
We expect a $150 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards 2 hours following the Inflation Rate YoY events in Japan release because the released value is > 2.6%. A price movement of 15 pips is expected.Historical events that allowed us to draw this conclusion18 Aug 23:3023 Jun 23:3019 May 23:3021 Apr 23:3020…