Based on the last 12 Inflation Rate YoY events in United States, we expect GBPUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect GBPUSD to trend downwards 2 hours following the event release at 11 Mar 00:30 if the released value is < 1.7%. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

13 Nov 00:30	10 Jun 22:30
12 May 22:30	10 Apr 22:30

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