TradersNews 83.33% probability that GBPUSD will trend up on Wednesday 19 Feb at 01:30 PM GMT if the CA Inflation Rate YoY number is equal to 2.3%.

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This Wednesday 19 Feb at 01:30 PM GMT the latest CA Inflation Rate YoY number will be released.
If the number is equal to than economists’ consensus there is a 83.33% probability that GBPUSD will trend up following the news event.

This probability is based on the last 12 CA Inflation Rate YoY events, in which 4 of the last 6 events where the actual number was equal to than the economist consensus resulted in an up trend of GBPUSD.

Here are images of the past events:

Wednesday 22 Jan at 01:30 PM GMT:

Wednesday 18 Dec at 01:30 PM GMT:

Wednesday 20 Nov at 01:30 PM GMT:

Wednesday 17 Jul at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance