United Kingdom Inflation Rate YoY News Event – a possible $418.86 movement on USDCHF

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $418.86 movement on USDCHF within the next 4 hours. We expect USDCHF to trend upwards for 4 hours because the released value is > 3.9%

Historical events that allowed us to draw this conclusion

14 Jul 16:00
16 Jun 16:00
19 May 16:00
17 Feb 18:00
20 Jan 18:00

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