We expect 6E to trend downwards later today. Based on these past United Kingdom Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is > 0.5%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
19 Feb 09:30 |
18 Dec 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
