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Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a 20 pip movement on AUDUSD within 4 hours following the event release at 13 Apr 16:00 GMT+10. We expect AUDUSD to trend upwards 4 hours following the event release at 13 Apr 16:00 GMT+10 if the released value is > 6.7%
Historical events that allowed us to draw this conclusion
23 Mar 18:00 |
16 Feb 18:00 |
19 Jan 18:00 |
15 Dec 18:00 |
15 Sep 16:00 |
16 Jun 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).