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We expect UB to trend upwards for the next 4 hours.

We expect UB to trend upwards for the next 4 hours. Based on these past United Kingdom Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen because the released value is < 1.5%. A price movement of 40 pips is expected. Historical events that allowed us to draw this conclusion

13 Nov 09:30
18 Sep 08:30
22 May 08:30
17 Apr 08:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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