Based on the last 12 Inflation Rate YoY Flash events in Euro Area, 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 < 2.1% Historical events that allowed us to draw this conclusion
01 Apr 09:00 |
01 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
