Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect 6C to trend downwards. Based on these past events there is a 66.67% chance of this. We expect 6C to trend downwards for 4 hours because the released value is > 1.6%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
14 Aug 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
