Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $670 movement on EURUSD within the next 12 hours. We expect EURUSD to trend downwards for the next 12 hours because the released value is < 1.9% Historical events that allowed us to draw this conclusion
22 May 08:30 |
17 Apr 08:30 |
13 Feb 09:30 |
17 Oct 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
