Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a 0 pip movement on BP within 4 hours following the event release at 15 Sep 06:00 UTC. We expect BP to trend upwards 4 hours following the event release at 15 Sep 06:00 UTC if the released value is > 2.9%
Historical events that allowed us to draw this conclusion
14 Jul 06:00 |
16 Jun 06:00 |
20 Jan 07:00 |
18 Nov 07:00 |
16 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
