We expect GBPUSD to trend upwards right now.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect GBPUSD to trend upwards right now. Based on these past events there is a 87.5% chance of this. This may happen because the released value is > 5.9%

Historical events that allowed us to draw this conclusion

16 Feb 07:00

19 Jan 07:00

15 Dec 07:00

17 Nov 07:00

15 Sep 06:00

14 Jul 06:00

16 Jun 06:00

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