Based on past United Kingdom Inflation Rate YoY news events there is a 66.67% chance of GC trending upwards. We expect this to happen because the released value is < 10.2%. A price movement of 379 pips is expected. 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”).