Based on the last 12 Inflation Rate YoY events in Canada, we expect a 24 pip movement on GBPUSD within 2 hours following the event release at 17 Jun 22:30 GMT+10. We expect GBPUSD to trend upwards 2 hours following the event release at 17 Jun 22:30 GMT+10 if the released value is < 0% Historical events that allowed us to draw this conclusion

20 May 22:30	16 Oct 23:30
18 Sep 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).