Based on past Japan Inflation Rate YoY news events there is a 66.67% chance of GBPUSD trending upwards. We expect this to happen if the released value is = -0.1%. A price movement of 75 pips is expected.

Historical events that allowed us to draw this conclusion

21 Jul 09:30

19 Jun 09:30

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