Based on past United Kingdom Inflation Rate YoY news events there is a 66.67% chance of GBPUSD trending downwards. We expect this to happen because the released value is > 10.2%. A price movement of 54 pips is expected.

Historical events that allowed us to draw this conclusion

17 Aug 16:00	20 Jul 16:00
13 Apr 16:00	23 Mar 18:00
19 Jan 18:00	17 Nov 18:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).