We expect a $220 movement on GBPUSD within 2 hours following the release of Ifo Business Climate at 26 Mar 09:00. We expect GBPUSD to trend upwards 2 hours following the event release at 26 Mar 09:00 if the released value is > 93.2. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

22 Feb 09:00

25 Aug 08:00

27 Jul 08:00

24 Jun 08:00

25 May 08:00