Date | Wednesday 22nd May 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 – 19-04-17 | |
Time | 08:30 |
Forecast | 2.0 |
Actual | 1.9 |
Deviation | -0.1 |
One minute spike | 15 pips |
How we setup
Main Event | GBP CPI YoY |
Market | GBP/USD |
Deviation | +/-0.2 |
Prior | 1.9 |
Forecast | 2.2 |
Triggers |
Buy >2.3 Sell <2.1 |
Conflict 1 | GBP CPI MoM |
Prior | 0.2 |
Forecast | 0.7 |
Triggers |
Buy >0.7 Sell <0.7 |