| Date | Wednesday 17th April 2019 |
| Time | 08:30 |
Early European session we see GBP CPI YoY. We usually see a strong move when this event deviates more than +/-0.1.
We also add the MoM event to Conflict Manager. We expect a spike of 40 pips if a trade is triggered.
What happened last time?
| GBP CPI YoY – 19-03-20 | |
| Time | 09:30 |
| Forecast | 1.8 |
| Actual | 1.9 |
| Deviation | +0.1 |
| One minute spike | 14 pips |
Last month saw a conflict between CPI components, leading to the unpredictable market reaction. No trade would have been triggered.
How we setup
| Main Event | GBP CPI YoY |
| Market | GBP/USD |
| Deviation | +/-0.2 |
| Prior | 1.9 |
| Forecast | 2.0 |
| Triggers |
Buy >2.1 Sell <1.9 |
| Conflict 1 | GBP CPI MoM |
| Prior | 0.5 |
| Forecast | 0.3 |
| Triggers |
Buy >0.3 Sell <0.3 |