Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 5.4%
Historical events that allowed us to draw this conclusion
15 Dec 07:00 |
17 Nov 07:00 |
15 Sep 06:00 |
14 Jul 06:00 |
16 Jun 06:00 |
17 Feb 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
