Trade with an edge around todays United Kingdom Inflation Rate YoY news event

Based on past United Kingdom Inflation Rate YoY news events there is a 75% chance of USDJPY trending upwards. We expect this to happen if the released value is < 5.9%. A price movement of 35 pips is expected. Historical events that allowed us to draw this conclusion

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21 Apr 16:00
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All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).