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We expect S to trend upwards today with a 75% chance.

We expect S to trend upwards later today. Based on these past United Kingdom Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen if the released value is > 5.9%. A price movement of 525 pips is expected.

Historical events that allowed us to draw this conclusion

16 Feb 07:00
19 Jan 07:00
15 Dec 07:00
17 Nov 07:00
15 Sep 06:00
14 Jul 06:00

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

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