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Based on the last 12 Inflation Rate YoY events in United Kingdom, a $800 movement could occur on GBPUSD within 12 hours following the event release at 22 Jun 16:00. We expect GBPUSD to trend upwards 12 hours following the event release at 22 Jun 16:00 if the released value is > 9.1%
Historical events that allowed us to draw this conclusion
13 Apr 16:00 |
16 Feb 18:00 |
19 Jan 18:00 |
17 Nov 18:00 |
15 Sep 16:00 |
14 Jul 16:00 |
16 Jun 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).