Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 9.8%
Historical events that allowed us to draw this conclusion
19 Oct 06:00 |
17 Aug 06:00 |
20 Jul 06:00 |
13 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
