Based on the last 12 Inflation Rate YoY events in United States, we expect a $470 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend upwards for the next 12 hours because the released value is = 7.9%

Historical events that allowed us to draw this conclusion

13 Jan 00:30	11 Dec 00:30
11 Mar 00:30

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