Based on the last 12 Inflation Rate YoY events in Canada, we expect GBPUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 3.4%

Historical events that allowed us to draw this conclusion

16 Jun 12:30

19 May 12:30

17 Feb 13:30

16 Dec 13:30