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We expect NKD to trend downwards with a 80% chance.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we could see NKD trend downwards right now. Based on historical events there is a 80% chance of this. This may happen because the released value is < 3.5% Historical events that allowed us to draw this conclusion

20 Dec 07:00
15 Nov 07:00
20 Sep 06:00
19 Jul 06:00

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

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We expect a $380 movement on GBPUSD within the next 2 hours.

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