We expect KC to trend downwards right now.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect KC to trend downwards right now. Based on these past events there is a 80% chance of this. We expect KC to trend downwards for the next 4 hours because the released value is < 1.9%. A price movement of 190 pips is expected. Historical events that allowed us to draw this conclusion

22 May 08:30

17 Apr 08:30

13 Feb 09:30

14 Nov 09:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).