Based on the last 12 Inflation Rate YoY events in Japan, we expect GBPUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 0.2% Historical events that allowed us to draw this conclusion

19 Mar 10:30	22 Nov 10:30
20 Sep 09:30

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