Based on the last 12 Inflation Rate YoY events in United Kingdom, we could see a 36 pip movement on EURUSD for the next 4 hours. EURUSD could trend upwards for 4 hours because the released value is < 2.7% Historical events that allowed us to draw this conclusion
26 Mar 07:00 |
15 Jan 07:00 |
16 Oct 06:00 |
14 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
