 |
We expect a $300 movement on GBPUSD within 4 hours following the release of Inflation Rate YoY at 13 Apr 16:00. We expect GBPUSD to trend upwards 4 hours following the event release at 13 Apr 16:00 if the released value is > 6.7%. A price movement of 30 pips is expected.
Historical events that allowed us to draw this conclusion
16 Feb 18:00 |
19 Jan 18:00 |
15 Dec 18:00 |
17 Nov 18:00 |
15 Sep 16:00 |
14 Jul 16:00 |
16 Jun 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).