Be very careful of upcoming volatility because of United Kingdom Inflation Rate YoY news event later today. We expect a large increase in volatility on the these instruments following the event release at 20 Jan 07:00 UTC:
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%) |