83 pip movement on NZDUSD expected

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect NZDUSD to trend downwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > 9.8%

Historical events that allowed us to draw this conclusion

16 Nov 18:00
19 Oct 17:00
17 Aug 16:00
20 Jul 16:00
13 Apr 16:00

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