24 pip movement on GBPUSD expected

Based on the last 12 Inflation Rate YoY events in Canada, we expect a 24 pip movement on GBPUSD within 2 hours following the event release at 20 May 12:30 UTC. We expect GBPUSD to trend upwards 2 hours following the event release at 20 May 12:30 UTC if the released value is < -0.1% Historical events that allowed us to draw this conclusion

16 Oct 12:30
18 Sep 12:30