Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a 31 pip movement on EURUSD within 4 hours following the event release at 2024-11-20 07:00. We expect EURUSD to trend downwards 4 hours following the event release at 2024-11-20 07:00 if the released value is < 2.2% Historical events that allowed us to draw this conclusion
20 Mar 07:00 |
14 Feb 07:00 |
20 Dec 07:00 |
15 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
