
The latest US Inflation Rate YoY number has been released as 1.5%.
There is a 75% probability that GBPUSD will trend up for the next few hours.
This probability is based on the last 12 US Inflation Rate YoY events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an up trend of GBPUSD.
Here are images of the past events:
Thursday 10 Oct at 12:30 PM GMT:
Thursday 12 Sep at 12:30 PM GMT:
Friday 10 May at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance