Based on past United Kingdom Inflation Rate YoY news events there is a 75% chance of 6M trending upwards. We expect this to happen if the released value is = 0.9%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
22 Apr 06:00 |
25 Mar 07:00 |
17 Jul 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
