We expect GBPUSD to trend upwards for the next 4 hours.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect GBPUSD to trend upwards for the next 4 hours. Based on these past events there is a 83.33% chance of this. This may happen because the released value is < 1.6% Historical events that allowed us to draw this conclusion

16 Oct 08:30

18 Sep 08:30

17 Apr 08:30

13 Feb 09:30

14 Nov 09:30

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