We expect a $1,340 movement on GBPUSD within 48 hours following the release of Inflation Rate YoY at 15 Jul 16:00. We expect GBPUSD to trend upwards 48 hours following the event release at 15 Jul 16:00 if the released value is < 0.4%. A price movement of 134 pips is expected. Historical events that allowed us to draw this conclusion

15 Jan 20:30	13 Nov 20:30
16 Oct 19:30	18 Sep 18:30

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