We expect GBPUSD to trend upwards for the next 2 hours. Based on these past United States Inflation Rate YoY news events there is a 80% chance of this. We expect this to happen because the released value is > 1.1%. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

12 Aug 12:30

11 Mar 12:30

13 Feb 13:30

11 Dec 13:30