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 12:30 UTC. We expect GBPUSD to trend upwards 2 hours following the event release at 17 Jun 12:30 UTC if the released value is < 0% Historical events that allowed us to draw this conclusion

20 May 12:30

16 Oct 12:30

18 Sep 12:30