Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $348.84 movement on USDJPY within the next 12 hours. We expect USDJPY to trend downwards for the next 12 hours because the released value is > 1.4%

Historical events that allowed us to draw this conclusion

17 Feb 18:00	20 Jan 18:00
18 Nov 18:00	16 Sep 16:00
15 Jul 16:00

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