Based on past United Kingdom Inflation Rate YoY news events there is a 80% chance of YM trending upwards. We expect this to happen if the released value is < 4.4%. A price movement of 4500 pips is expected. Historical events that allowed us to draw this conclusion
15 Nov 07:00 |
20 Sep 06:00 |
19 Jul 06:00 |
15 Feb 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
