We expect a $208 movement on USDJPY within the next 12 hours. We expect USDJPY to trend upwards 12 hours following the Inflation Rate YoY events in United Kingdom release because the released value is = 2.6%. A price movement of 32 pips is expected.
Historical events that allowed us to draw this conclusion
18 Sep 06:00 |
19 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
