Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $3,370 movement on GBPUSD within 48 hours following the event release at 24 Mar 18:00. We expect GBPUSD to trend upwards 48 hours following the event release at 24 Mar 18:00 if the released value is = 0.8%

Historical events that allowed us to draw this conclusion

21 Oct 17:00	22 Apr 16:00
25 Mar 18:00

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