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We’ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatitility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise release. Here is the forecast:
4:30am NY Time UK CPI y/y Forecast 2.9% Previous 3.1%
ACTION: GBP/USD BUY 3.2% SELL 2.6%
We’ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatitility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise release. Here is the forecast:
4:30am NY Time UK CPI y/y Forecast 3.1% Previous 3.2%
ACTION: GBP/USD BUY 3.4% SELL 2.8%
We’ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatitility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise in the release. Here is the forecast for this release:
We’ll be trading the UK Consumer Price Index (CPI) release at 4:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatitility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise in the release. Here is the forecast for this release:
4:30am NY Time UK CPI y/y Forecast 3.5% Previous 3.7%
ACTION: GBP/USD BUY 3.8% SELL 3.2%
We’ll be trading the high impact UK Consumer Price Index release at 4:30am NY Time today. We’ll be looking at the yearly release figure and the market could react with lots of volatitility as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise in the release. Here is the consensus for this release:
4:30am NY Time UK CPI y/y Forecast 3.5% Previous 3.4%
ACTION: GBP/USD BUY 3.8% SELL 3.2%
We’ll be looking for a possible trade today from the high impact UK Consumer Price Index release at 4:30am NY Time; as this is the yearly release and we could get a surprise in the market as CPI is the basic measurement of Inflation, therefore expect to see more exaggerated moves if we get a huge surprise. Here is the consensus for this release:
4:30am NY Time UK CPI y/y Forecast 3.2% Previous 3.0%
ACTION: GBP/USD BUY 3.5% SELL 2.9%
5:30am NY Time UK CPI y/y Forecast 3.1% Previous 3.5%
ACTION: GBP/USD BUY 3.4% SELL 2.8%
We’ll be looking for a possible trade from the CPI year on year release out of UK today using a surprise factor (or deviation) of 0.3%. If the Inflation number increases to a surprise of 3.4%, which is way over BOE’s inflation target, we will BUY of GBP/USD. If the Inflation number decreases to 2.8% or less, we’ll look to SELL GBP/USD. Historically, even with a small difference of 0.1%, market tend to overreact. If our deviation is hit, there is a probability of over 80% that the market will move 50 pips within the next 30 minutes.
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