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There is a 75% chance of ZC trending downwards

Based on the last 12 Inflation Rate YoY events in United Kingdom, we could see ZC trend downwards right now. Based on historical events there is a 75% chance of this. This may happen because the released value is > 2.2%

Historical events that allowed us to draw this conclusion

17 Jan 07:00

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

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We expect AUDUSD to trend downwards for the next 12 hours.

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