Based on past United Kingdom Inflation Rate YoY news events there is a 66.67% chance of YM trending upwards. We expect this to happen if the released value is = 2.6%. A price movement of 355 pips is expected.
Historical events that allowed us to draw this conclusion
18 Sep 06:00 |
19 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
