United Kingdom Inflation Rate YoY News Event – a possible $400 movement on NZDUSD

We expect a $400 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Inflation Rate YoY events in United Kingdom release because the released value is > 10.2%. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

17 Aug 06:00
20 Jul 06:00
13 Apr 06:00
23 Mar 07:00
19 Jan 07:00
17 Nov 07:00
15 Sep 06:00