Fx News Spike Signals by Crazy Cat, 2018/11/14

First of all, if you want to prepare yourself for this spike trade, it's best to visit our Forex economic calendar that provides historic charts for a wide range of currency pairs and selected other markets.

Release Time: 04:30 New York time (EST)
Primary currency pair: GBP/USD
Forecast: 2.5
Prior: 2.4
LT1 (Lower Trigger 1): -0.2 [SELL]
UT1 (Upper Trigger 1): +0.2 [BUY]
Safety: 1

If it comes out at 2.3% or less, GBP/USD may go down by 30 pips or more. If it comes out at 2.7% or higher, GBP/USD may go up by 30 pips or more.

You may also try same triggers on GB CPI (M/M) or GB CPI - Core (Y/Y) because sometimes there might be a few milliseconds difference between them, plus if any of these deviate by +/- 0.2, it should be good enough to enter a trade.

Based on 40 estimates, the median estimate is 2.5% and the average estimate is 2.47%. The highest estimate is 2.7% (two votes), then 2.6% (seven estimates), then 2.5% (12 votes), 2.4% (15 votes), and finally 2.3% (four estimates). One standard deviation is +/- 0.1, about same as last month.

If you have never traded the news before, please read Ten Steps To Success Using Secret News Weapon.

Forex news history and charts

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