Based on the last 12 Inflation Rate YoY events in United Kingdom, we may expect GF to trend downwards right now. Based on these past events there is a 75% chance of this. We made this conclusion because the released value is = 3.4%. A price movement of 344 pips may be experienced.
Historical events that allowed us to draw this conclusion
18 Dec 07:00 |
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”).
