Based on the last 12 Inflation Rate YoY events in United Kingdom, we could see a 92 pip movement on GF for the next 12 hours. GF could trend upwards for 12 hours because the released value is > 2.8%
Historical events that allowed us to draw this conclusion
20 Nov 07:00 |
22 May 06:00 |
17 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
