Based on the last 12 Inflation Rate YoY events in Canada, we expect GBPUSD to trend upwards right now. Based on these past events there is a 75% chance of this. This may happen because the released value is < 0% Historical events that allowed us to draw this conclusion

20 May 22:30	16 Oct 23:30
18 Sep 22:30

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