We expect GBPUSD to trend upwards later today. Based on these past United States Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen if the released value is > 7%. A price movement of 50 pips is expected.

Historical events that allowed us to draw this conclusion

13 Oct 12:30

11 Aug 12:30

13 Jul 12:30

10 Jun 12:30

12 May 12:30

13 Apr 12:30