Based on the last 12 Inflation Rate YoY events in Canada, we expect a $460 movement on GBPUSD within 2 hours following the event release at 21 Oct 12:30. We expect GBPUSD to trend downwards 2 hours following the event release at 21 Oct 12:30 if the released value is < 0.4% Historical events that allowed us to draw this conclusion

16 Sep 12:30

19 Aug 12:30

17 Jun 12:30

22 Apr 12:30