Based on the last 12 Inflation Rate YoY events in Canada, we expect a $460 movement on GBPUSD within the next 2 hours. We expect GBPUSD to trend downwards for 2 hours because the released value is < 1.3% Historical events that allowed us to draw this conclusion

20 Jan 13:30

16 Sep 12:30

19 Aug 12:30

17 Jun 12:30

22 Apr 12:30