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Be very careful of upcoming volatility. We expect a $63.919 movement on UB.

Be very careful of upcoming volatility because of United Kingdom Inflation Rate YoY news event later today. Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $63.919 movement on UB within 2 hours following the event release at 13 Nov 09:30. We expect this to happen if the released value is < 1.6%. A price movement of 35 pips is expected. Historical events that allowed us to draw this conclusion

16 Oct 08:30
18 Sep 08:30
13 Feb 09:30
14 Nov 09:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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