Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a 4 pip movement on NG within 2 hours following the event release at 19 Jan 07:00 UTC. We expect NG to trend downwards 2 hours following the event release at 19 Jan 07:00 UTC if the released value is > 5.2%
Historical events that allowed us to draw this conclusion
17 Nov 07:00 |
15 Sep 06:00 |
14 Jul 06:00 |
19 May 06:00 |
17 Feb 07:00 |
20 Jan 07:00 |