Based on past United Kingdom Inflation Rate YoY news events there is a 80% chance of HE trending upwards. We expect this to happen if the released value is < 3.4%. A price movement of 89 pips is expected. Historical events that allowed us to draw this conclusion
16 Apr 06:00 |
26 Mar 07:00 |
16 Oct 06:00 |
14 Aug 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
