We expect a $757 movement on USDCHF within the next 48 hours.

We expect a $757 movement on USDCHF within the next 48 hours. We expect USDCHF to trend downwards 48 hours following the Inflation Rate YoY events in United Kingdom release because the released value is > 9.8%. A price movement of 72 pips is expected.

Historical events that allowed us to draw this conclusion

23 Mar 07:00

16 Feb 07:00

19 Jan 07:00

15 Dec 07:00

17 Nov 07:00

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