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What to trade around the GB Inflation Rate YoY news event

What to trade around the GB Inflation Rate YoY news event

Based on the last 12 Inflation Rate YoY events in GB, we expect NZDUSD to trend up later today. Based on these past events there is a 83.3% of this.
We expect NZDUSD to trend up 2 hours following the event release at 17 Oct 08:30 if the released value is < 2.6%. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion

18 Jul 08:30
 
13 Jun 08:30
 
23 May 08:30
 
20 Mar 09:30
 
14 Nov 09:30
 

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

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EURUSD will trend down right now

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EURUSD will trend down from 17 Oct 08:30

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