Volatility alert for 16 Sep 06:00

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 Sep 06:00:

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 37-65 pips 59-100 pips (54.58%)