Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect DX to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect DX to trend upwards 4 hours following the event release at 15 Jul 06:00 if the released value is > 0.4%. A price movement of 19 pips is expected.
Historical events that allowed us to draw this conclusion
19 Feb 09:30 |
18 Dec 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
