United Kingdom Inflation Rate YoY News Event – a possible $300 movement on GBPUSD

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $300 movement on GBPUSD within 2 hours following the event release at 13 Apr 06:00. We expect GBPUSD to trend upwards 2 hours following the event release at 13 Apr 06:00 if the released value is > 6.7%

Historical events that allowed us to draw this conclusion

16 Feb 07:00
15 Dec 07:00
15 Sep 06:00
14 Jul 06:00
16 Jun 06:00
19 May 06:00