Based on past United Kingdom Inflation Rate YoY news events there is a 71.43% chance of AUDUSD trending downwards. We expect this to happen because the released value is > 2.9%. A price movement of 166 pips is expected.

Historical events that allowed us to draw this conclusion

14 Jul 16:00	16 Jun 16:00
19 May 16:00	18 Nov 18:00

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