We expect 6S to trend downwards for the next 4 hours. Based on these past United Kingdom Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen because the released value is < 2.3%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
21 Apr 06:00 |
24 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
