Based on the last 12 Inflation Rate YoY events in United Kingdom, USDJPY could experience an upwards trend. Based on these past events there is a 83.33% chance of this, and the trend could last 2 hours because the released value is > 3.8%.
Historical events that allowed us to draw this conclusion
18 Oct 06:00 |
21 Jun 06:00 |
24 May 06:00 |
19 Apr 06:00 |
22 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
