We expect AC to trend upwards for the next 4 hours. Based on these past United Kingdom Inflation Rate YoY news events there is a 80% chance of this. We expect this to happen because the released value is < 0.6%. A price movement of 6 pips is expected. Historical events that allowed us to draw this conclusion
20 May 06:00 |
15 Jan 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
