Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect GBPUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect GBPUSD to trend upwards 2 hours following the event release at 16 Feb 07:00 if the released value is > 5.4%. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

15 Dec 07:00

17 Nov 07:00

15 Sep 06:00

14 Jul 06:00

16 Jun 06:00

17 Feb 07:00