Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect GBPUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < 1.6% Historical events that allowed us to draw this conclusion

13 Nov 20:30

22 May 18:30

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