Due to the United Kingdom Inflation Rate YoY news event later today, we are expecting a large increase in volatility on the these instruments following the event release at 16 Feb 18:00:
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 | 34-57 pips | 49-85 pips (47.52%) |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).