Based on the last 12 Inflation Rate YoY events in Japan, we expect a 37 pip movement on GBPUSD for the next 4 hours. We expect GBPUSD to trend downwards for 4 hours because the released value is < 0.1% Historical events that allowed us to draw this conclusion

22 Jan 10:30	18 Dec 10:30
23 Oct 10:30	22 May 09:30

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