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There is a 87.5% chance of RU trending downwards

Based on past United Kingdom Inflation Rate YoY news events there is a 87.5% chance of RU trending downwards. We expect this to happen if the released value is > 2.2%. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jun 06:00
17 Feb 07:00
20 Jan 07:00
18 Nov 07:00
16 Sep 06:00
19 Aug 06:00
15 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 0 pip movement on 6J for the next 48 hours.

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We expect 6E to trend downwards for the next 48 hours.

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