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We could see a 680 pip movement on PL within 2 hours following this event release.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we may see a 680 pip movement on PL within 2 hours following the event release at 22 Jun 06:00 UTC. PL may trend upwards 2 hours following the event release at 22 Jun 06:00 UTC if the released value is < 9.1% Historical events that allowed us to draw this conclusion

18 May 06:00
20 Oct 06:00

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

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AUDUSD may be ready to trend upwards today with a 66.67% chance.

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