Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect GBPUSD to trend upwards. Based on these past events there is a 85.71% chance of this. We expect GBPUSD to trend upwards for 2 hours because the released value is > 3.9%. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

15 Sep 06:00

14 Jul 06:00

16 Jun 06:00

17 Feb 07:00

20 Jan 07:00

18 Nov 07:00