Based on the last 12 Interest Rate Decision events in NZ, we expect a 4 pip movement on GBPUSD for the next 2 hours.
We expect GBPUSD to trend up for 2 hours because the released value is = 1.75%
Historical events that allowed us to draw this conclusion
26 Sep 21:00 |
08 Aug 21:00 |
27 Jun 21:00 |
09 May 21:00 |
07 Feb 20:00 |
08 Nov 20:00 |
27 Sep 20:00 |
09 Aug 21:00 |
21 Jun 21:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
