|Date||Wednesday 17th April 2019|
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|
|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.
Setting up procedure
|Main Event||GBP CPI YoY|
|Conflict 1||GBP CPI MoM|