What to trade around United Kingdom Inflation Rate YoY news event

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect SI to trend downwards later today. Based on these past events there is a 75% chance of this. We expect SI to trend downwards 2 hours following the event release at 23 Mar 07:00 if the released value is < 5.9%. A price movement of 3 pips is expected. Historical events that allowed us to draw this conclusion

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