Based on past United Kingdom Inflation Rate YoY news events there is a 83.33% chance of NQ trending downwards. We expect this to happen because the released value is > 2.1%. A price movement of 16562 pips is expected.
Historical events that allowed us to draw this conclusion
17 Apr 06:00 |
17 Jan 07:00 |
18 Oct 06:00 |
21 Jun 06:00 |
24 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
