Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect GBPUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 18 Nov 07:00 if the released value is < 0.6%. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion
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13 Nov 09:30 |