Upcoming volatility expected at 15 Dec 18:00

United Kingdom is releasing its Inflation Rate YoY news event later today, and because of this we are expecting a large increase in volatility following the event release at 15 Dec 18:00. These are the instruments that may be affected:

The table below summarizes how the volatility of each instrument is expected to change during this news event.

Symbol Normal Movement Range Movement range during GB Inflation Rate YoY
GBPUSD 35-58 pips 49-84 pips (44.56%)

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