Based on the last 12 Inflation Rate YoY events in Canada, we may see a 31 pip movement on GBPUSD within 2 hours following the event release at 20 Apr 12:30 UTC. GBPUSD may trend upwards 2 hours following the event release at 20 Apr 12:30 UTC if the released value is > 6.1%

Historical events that allowed us to draw this conclusion

16 Mar 12:30

16 Feb 13:30

20 Oct 12:30

15 Sep 12:30

18 Aug 12:30

19 May 12:30