Based on the last 12 Inflation Rate YoY events in United Kingdom, we may see a 680 pip movement on PL within 2 hours following the event release at 22 Jun 06:00 UTC. PL may trend upwards 2 hours following the event release at 22 Jun 06:00 UTC if the released value is < 9.1% Historical events that allowed us to draw this conclusion
18 May 06:00 |
20 Oct 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).