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 25 Mar 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%) |