Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect HE to trend upwards. Based on these past events there is a 66.67% chance of this. We expect HE to trend upwards for 4 hours because the released value is = 1.5%. A price movement of 143 pips is expected.
Historical events that allowed us to draw this conclusion
25 Mar 07:00 |
17 Jul 08:30 |
19 Jun 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
