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We expect a 48000 pip movement on NIY for the next 48 hours.

Based on the last 12 Retail Sales MoM events in United Kingdom, we could see a 48000 pip movement on NIY for the next 48 hours. NIY could trend upwards for 48 hours because the released value is > -0.3%

Historical events that allowed us to draw this conclusion

22 Dec 07:00
21 Jul 06:00
26 May 06:00
24 Mar 07:00

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

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