Based on the last 12 Inflation Rate YoY events in United States, we could see a 38 pip movement on GBPUSD for the next 2 hours. GBPUSD could trend upwards for 2 hours because the released value is > 8.3%

Historical events that allowed us to draw this conclusion

11 May 22:30	12 Apr 22:30
11 Feb 00:30	13 Oct 23:30
11 Aug 22:30	10 Jun 22:30

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