Inflation in the UK is again below zero

October 13, 2015

Sell on a level breakthrough of 1.5251 with 1.5107 target. Stop loss = 1.5310.

Reason for the trading strategy

In September, the UK consumer price index dropped from 0 to -0.1% in annualized terms. This year, inflation was below zero only in April. Reduced inflationary pressures suggest that the cycle of monetary tightening in the country will be postponed to a later time.

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