Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a 0 pip movement on RU within 48 hours following the event release at 21 Apr 06:00 UTC. We expect RU to trend upwards 48 hours following the event release at 21 Apr 06:00 UTC if the released value is = 0.8%
Historical events that allowed us to draw this conclusion
21 Oct 06:00 |
17 Jun 06:00 |
22 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
