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This Thursday 29 Jul at 12:00 PM GMT the latest DE Inflation Rate YoY Prel number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that GBPUSD will trend down following the news event.
This probability is based on the last 12 DE Inflation Rate YoY Prel events, in which 4 of the last 5 events where the actual number was greater than than the economist consensus resulted in an down trend of GBPUSD.
Here are images of the past events:
Monday 31 May at 12:00 PM GMT:
Thursday 29 Apr at 12:00 PM GMT:
Monday 01 Mar at 01:00 PM GMT:
Thursday 29 Oct at 01:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance