We expect a $230 movement on GBPUSD within 2 hours following the release of Inflation Rate YoY at 18 Aug 06:00. We expect GBPUSD to trend upwards 2 hours following the event release at 18 Aug 06:00 if the released value is > 2.3%. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

14 Jul 06:00

16 Jun 06:00

17 Feb 07:00

20 Jan 07:00

18 Nov 07:00

19 Aug 06:00