Inflation Rate YoY Prel

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Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend downwards 12 hours following the event release at 2023-02-09 07:00 if the released value is < 8.9%. A price movement of 51 pips is expected. Historical events that allowed us to draw this conclusion

29 Nov 13:00
29 Jun 12:00

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