Date | Wednesday 20th March 2019 |
Time | 09:30 |
Early European session we see GBP CPI YoY. This event rarely deviates from the forecast by more than +/-0.1, but when it does we usually get a strong move.
If we get a trade triggered expect a spike in excess of 40 pips. We also add the MoM event to Conflict Manager.
What happened last time?
GBP CPI YoY – 19-02-13 | |
Time | 09:30 |
Forecast | 1.9 |
Actual | 1.8 |
Deviation | -0.1 |
One minute spike | 8 pips |
How we setup
Main Event | GBP CPI YoY |
Market | GBP/USD |
Deviation | +/-0.2 |
Prior | 1.8 |
Forecast | 1.8 |
Triggers |
Buy >1.9 Sell <1.7 |
Conflict 1 | GBP CPI MoM |
Prior | -0.8 |
Forecast | 0.5 |
Triggers |
Buy >0.5 Sell <0.5 |