Based on past United Kingdom Inflation Rate YoY news events there is a 75% chance of GC trending downwards. We expect this to happen because the released value is < 4.8%. A price movement of 1784 pips is expected. Historical events that allowed us to draw this conclusion
|20 Sep 06:00
|19 Jul 06:00
|14 Dec 07:00
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).