Based on past United Kingdom Inflation Rate YoY news events there is a 66.67% chance of C trending upwards. We expect this to happen because the released value is > 0.6%. A price movement of 1,550 pips is expected.
Historical events that allowed us to draw this conclusion
18 Nov 07:00 |
16 Sep 06:00 |
19 Aug 06:00 |
15 Jul 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
