United Kingdom Inflation Rate YoY News Event – a $2,140 opportunity on EURUSD

We expect a $2,140 movement on EURUSD within the next 48 hours. We expect EURUSD to trend upwards 48 hours following the Inflation Rate YoY events in United Kingdom release because the released value is = 0.5%. A price movement of 214 pips is expected.

Historical events that allowed us to draw this conclusion

25 Mar 18:00
17 Jul 18:30
19 Jun 18:30

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