We expect GBPUSD to trend upwards later today. Based on these past Japan Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen if the released value is = 0.1%. A price movement of 5 pips is expected.

Historical events that allowed us to draw this conclusion

20 Feb 23:30

18 Jul 23:30

20 Jun 23:30