4:30 AM EDT
UK CPI y/y
In March we saw .2 with a 20 pip spike. Looks like it spiked about 20 and pushed to 35 in 4 minutes.
In April we saw .1. I didn’t check the movement.
In May we saw .1 with a 14 pi spike. It spiked up 14 pips then fell far below where it started. This was no surprise.
We really want to see .2 or greater on this and a sell would be much better given the recent weakening of the Pound. If you get a .2 sell you may want to close most after a minute or two and hold onto the rest to see what happens when the US markets open.
SETTINGS: Set country to 2 and buy/sellPips to at least 18.