Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $160 movement on GBPUSD within 2 hours following the event release at 28 Feb 13:00. We expect GBPUSD to trend downwards 2 hours following the event release at 28 Feb 13:00 if the released value is > 1.7%

Historical events that allowed us to draw this conclusion

03 Jan 13:00

27 Jun 12:00

28 Feb 13:00