We expect GBPUSD to trend downwards later today. Based on these past Germany Inflation Rate YoY Prel news events there is a 75% chance of this. We expect this to happen if the released value is = -0.3%. A price movement of 44 pips is expected.

Historical events that allowed us to draw this conclusion

30 Mar 12:00

28 Feb 13:00

30 Jan 13:00