Based on the last 12 Inflation Rate YoY events in United States, we expect GBPUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 2.4%

Historical events that allowed us to draw this conclusion

12 Dec 00:30
14 Nov 00:30
13 Aug 22:30
10 Apr 22:30

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