Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $820 movement on GBPUSD within 48 hours following the event release at 17 Jul 08:30. We expect GBPUSD to trend downwards 48 hours following the event release at 17 Jul 08:30 if the released value is < 2% Historical events that allowed us to draw this conclusion
17 Apr 08:30 |
13 Feb 09:30 |
14 Nov 09:30 |
17 Oct 08:30 |
18 Jul 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
