We expect a $850 movement on GBPUSD within 2 hours following the release of Inflation Rate YoY at 22 Apr 16:00. We expect GBPUSD to trend upwards 2 hours following the event release at 22 Apr 16:00 if the released value is = 1.5%. A price movement of 85 pips is expected.

Historical events that allowed us to draw this conclusion

25 Mar 18:00

19 Jun 18:30

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