United Kingdom Inflation Rate YoY News Event – a $230 opportunity on GBPUSD
We expect a $230 movement on GBPUSD within 2 hours following the release of Inflation Rate YoY at 18 Aug 06:00. We expect GBPUSD to trend upwards 2 hours following the event release at 18 Aug 06:00 if the released value is > 2.3%. A price movement of 23 pips is expected.Historical events that allowed us to draw this conclusion14…