TradersNews 75% probability that GBPUSD will trend up on Friday 10 Apr at 12:30 PM GMT if the US Inflation Rate YoY number is less than 1.6%.

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This Friday 10 Apr at 12:30 PM GMT the latest US Inflation Rate YoY number will be released.
If the number is less than than economists’ consensus there is a 75% probability that GBPUSD will trend up following the news event.

This probability is based on the last 12 US Inflation Rate YoY events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an up trend of GBPUSD.

Here are images of the past events:

Thursday 10 Oct at 12:30 PM GMT:

Thursday 12 Sep at 12:30 PM GMT:

Friday 10 May at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance