Date | Wednesday 17th July 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 component as a conflict. We expect a spike of 40 pips if a trade is triggered.
What happened last time?
GBP CPI YoY – 19-06-19 | |
Time | 08:30 |
Forecast | 2.0 |
Actual | 2.0 |
Deviation | 0 |
One minute spike | 16 pips |
How we setup
Main Event | GBP CPI YoY |
Market | GBP/USD |
Deviation | +/-0.2 |
Prior | 2.0 |
Forecast | 2.0 |
Triggers |
Buy >2.1 Sell <1.9 |
Conflict 1 | GBP CPI MoM |
Prior | 0.3 |
Forecast | 0.3 |
Triggers |
Buy >0.3 Sell <0.3 |