Want to know why GBPUSD is going upwards for the next 12 hours?

Past performance is not an indicator of future results.
Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $130 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend upwards for the next 12 hours because the released value is < 1.6%

Historical events that allowed us to draw this conclusion

30 Jan 13:00
28 Dec 13:00
29 Nov 13:00
30 Jul 13:00

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