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We expect LE to trend downwards for the next 48 hours.

We expect a $136 movement on LE within the next 48 hours. We expect LE 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 94 pips is expected. Historical events that allowed us to draw this conclusion

18 May 06:00
20 Oct 06:00

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

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