Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $104.17 movement on USDJPY within the next 2 hours. We expect USDJPY to trend downwards for 2 hours because the released value is > 0.6%

Historical events that allowed us to draw this conclusion

15 Jul 16:00

14 Aug 18:30

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