United Kingdom Inflation Rate YoY News Event – a possible $990 movement on GBPUSD

Past performance is not an indicator of future results.
Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $990 movement on GBPUSD within the next 48 hours. We expect GBPUSD to trend downwards for 48 hours because the released value is < 1.9%

Historical events that allowed us to draw this conclusion

14 Nov 09:30
17 Oct 09:30
18 Jul 09:30
13 Jun 09:30
23 May 09:30
18 Apr 09:30

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

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