Based on past United Kingdom Inflation Rate YoY news events there is a 87.5% chance of RU trending downwards. We expect this to happen if the released value is > 2.2%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
16 Jun 06:00 |
17 Feb 07:00 |
20 Jan 07:00 |
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”).