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This Wednesday 22 Jan at 01:30 PM GMT the latest CA Inflation Rate YoY number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that GBPUSD will trend up following the news event.
This probability is based on the last 12 CA Inflation Rate YoY events, in which 3 of the last 4 events where the actual number was greater than than the economist consensus resulted in an up trend of GBPUSD.
Here are images of the past events:
Wednesday 21 Aug at 12:30 PM GMT:
Wednesday 19 Jun at 12:30 PM GMT:
Friday 22 Mar at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance