Based on the last 12 Inflation Rate YoY events in Japan, we expect GBPUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 4.2%
Historical events that allowed us to draw this conclusion
19 Sep 23:30 |
18 Aug 23:30 |
23 Jun 23:30 |
19 May 23:30 |
21 Apr 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
